GameStop has proposed an unsolicited takeover of online marketplace eBay in a transaction valued at about $56 billion, according to reports from Bloomberg and Breitbart. The proposed deal would be structured as a mix of cash and stock. GameStop’s offer is described as $125 per eBay share in cash and stock, which represents roughly a 20% premium to eBay’s share price at the close on Friday, based on the Bloomberg report.
Both outlets characterize the proposal as a major corporate move by GameStop, a company known for its association with “meme stock” attention, but they also frame the bid as an effort to expand beyond its core business and compete more directly in online retail. While details of financing and any response from eBay are not covered in the provided excerpts, the reported proposal is presented as one of the largest takeover attempts in recent corporate history. The offer’s terms and whether eBay will consider or reject the bid are central open questions as negotiations, if any, would follow a public announcement.
