GameStop makes unsolicited acquisition bid for eBay

eBay Inc. (NASDAQ: EBAY) confirmed it received an unsolicited, non-binding acquisition proposal from GameStop, according to a company statement released May 4, 2026.

The e-commerce company said it had no prior discussions with or outreach from GameStop before receiving the proposal. eBay's board of directors will review the offer with its financial and legal advisors to determine what action would serve the company and shareholders.

The board stated it will focus on the value to be delivered to eBay shareholders, including the value of GameStop stock consideration and GameStop's ability to deliver a binding, actionable proposal. eBay advised shareholders to take no action at this time.

eBay operates a marketplace serving 135 million buyers across 190 markets. The company enabled nearly $80 billion of gross merchandise volume in 2025, according to the statement.

The San Jose, California-based company said its board and leadership team are executing a strategy to drive growth and shareholder value, pointing to full year 2025 results and first quarter 2026 earnings as evidence of progress.

eBay indicated it does not intend to comment further until the board has thoroughly considered the proposal.

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