GameStop Offers $55.5B to Buy eBay in Unsolicited Cash-and-Stock Bid

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GameStop submitted an unsolicited, non-binding $55.5 billion cash-and-stock proposal to acquire eBay at $125 per share. GameStop said the bid represents a 46% premium to eBay’s unaffected closing price on Feb. 4, 2026, and said it has built about a 5% economic stake in eBay.

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