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EBay Inc (NASDAQ:EBAY, XETRA:EBA) has rejected a $56 billion takeover approach from GameStop Corp (NYSE:GME), dismissing the proposal as lacking credibility and raising concerns over financing, governance and the risks of combining the two businesses. Shares in eBay fell 0.9% in pre-market...

Investing.com -- eBay has rejected a $56 billion takeover approach from GameStop, citing doubts over the financing of a deal that would see a company roughly one-quarter the size of its target attempt an audacious acquisition.

EBay’s board rejected GameStop’s unsolicited $56 billion takeover proposal. “We have concluded that your proposal is neither credible nor attractive,” eBay’s board wrote in a letter to GameStop CEO Ryan Cohen released today.

EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller GameStop on doubts over the financing of the deal, while underscoring its turnaround efforts that have boosted growth. EBay ‌stock has been trading far below the offer price of $125 per share since the bid was made earlier this month. It fell 1% to $107 before the bell, while ​GameStop was down 4%.

↗️ Venture Global (VG): The liquefied-natural-gas exporter, which stands to benefit from the closure of the Strait of Hormuz, is due to report results this morning, potentially shedding light on the strength of demand.

Amid Ryan Cohen's theatrics and eBay suspension, Michael Burry has exited his GME stake.

GameStop’s stunning $56 billion bid for eBay may never close, but Wedbush says the move could put eBay in play for a more credible buyer.

Also: All the news and watercooler chat from Fortune.

GameStop Corp. CEO Ryan Cohen claimed he was permanently banned from eBay Inc. just days after proposing a $56 billion buyout of the e-commerce giant, prompting legendary investor Michael Burry to declare the move “hostile.”However, a quick check of Cohen's...

The rental car giant is enticing bargain seekers with near-new certified cars.

In early May 2026, Hertz Global Holdings reported first-quarter revenue of US$2,004 million, up from US$1,813 million a year earlier, with its net loss narrowing to US$333 million and loss per share improving to US$1.06. Aeroplan, eBay, Uber, and The Home Depot each announced new collaborations with Hertz, highlighting the company’s push into partnerships, digital retail, and broader mobility services beyond its core rental operations. We’ll now examine how Hertz’s launch of Oro Mobility...

GameStop's play for eBay echoes the AOL-Time Warner deal in eerie detail—and that should terrify eBay's board.

RealReal (NASDAQ:REAL) reported first-quarter 2026 results that exceeded its expectations, with management pointing to stronger buyer engagement, higher-value transactions and improving operating efficiency across the luxury resale platform. Chief Executive Officer and President Rati Levesque said

Michael Burry sold his entire GameStop stake after the company bid $55.5 billion for eBay, warning the deal's debt load kills his "Instant Berkshire" thesis.

Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

We recently published Jim Cramer Said Sandisk Stock Performance is Befuddling & Discussed These 17 Stocks. GameStop Corp. (NYSE:GME) is one of the stocks discussed by Jim Cramer. Cramer rarely discussed video game retailer GameStop Corp. (NYSE:GME). The CNBC TV host’s remarks about the firm in 2025 saw him advise viewers to invest in video […]

We recently published Jim Cramer Said Sandisk Stock Performance is Befuddling & Discussed These 17 Stocks. eBay Inc. (NASDAQ:EBAY) is one of the stocks discussed by Jim Cramer. Online retailer eBay Inc. (NASDAQ:EBAY)’s shares are up by 53% over the past year and by 24% year-to-date. Citi discussed the firm on May 6th. It raised […]

Activist investor Ryan Cohen has proposed a massive takeover of eBay Inc., signaling that severe cost-cutting and layoffs could be on the horizon for the e-commerce giant if his ambitious bid succeeds. Case Against Overhead Cohen sharply criticized the company's...

Trade court overrules 10% global tariffs, three AI companies are listing next week, GameStop’s short interest could be about to spike, and more news to start your day.

Also: All the news and watercooler chat from Fortune.

Ryan Cohen selling tube socks and baseball cards after offering $55.5bn, although source of funds remains unclear

GameStop wants to acquire eBay. If GameStop issues more shares, short traders could be circling the waters.

Michael Burry dumped his GameStop shares over the eBay dealing, warning "never confuse debt for creativity.”

GameStop Drops on Funding Fears as eBay Takeover Sparks Skepticism

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GameStop CEO Ryan Cohen is sidestepping questions about how much a proposed takeover of eBay — for $56 billion — would benefit stockholders.

Many viewers feel that the math isn’t adding up.

The suspension comes days after GameStop announced an unsolicited $56 billion bid to acquire eBay for $125 per share in cash and stock, despite GameStop’s market capitalization of just $11.29 billion. Cohen had listed items that accumulated tens of thousands of dollars in bids before the suspension, with a GameStop mug reaching over $3,000 and a Master Chief statue exceeding $10,000. Each listing included a hand-signed copy of Cohen’s takeover proposal letter to eBay management.

eBay suspended Ryan Cohen's account two days after GameStop's $56 billion takeover bid. The ban has since been lifted.

GameStop is looking to acquire a much larger company than itself.