latest news in Takeover bids

eBay Declines GameStop's $56 Billion Merger Proposal Amid Financial Skepticism

eBay Declines GameStop's $56 Billion Merger Proposal Amid Financial Skepticism

San Jose, Tuesday, 12 May 2026.
On May 12, 2026, eBay rejected GameStop’s $56 billion buyout offer. Management dismissed the ambitious proposal from a company nearly four times smaller as financially unviable and unattractive.