eBay issues response to unsolicited GameStop (GME) acquisition offer

eBay Inc. has issued a statement about GameStop's offer to acquire the ecommerce company.

The Board of Directors at eBay Inc. issued a statement confirming it has received "an unsolicited, non-binding acquisition proposal from GameStop." The company adds that it had no previous communications with GameStop before receiving the proposal.

Here's the statement from eBay:

eBay's Board of Directors, in consultation with its financial and legal advisors, will carefully review and consider the unsolicited proposal to determine the course of action that it believes is in the best interests of the company and all eBay shareholders. eBay shareholders are advised to take no action at this time.
The Board will review this proposal with a focus on the value to be delivered to eBay shareholders, including the value of the GameStop stock consideration and the ability of GameStop to deliver a binding, actionable proposal.
With 135 million buyers across 190 markets, eBay operates a global, scaled marketplace that requires disciplined execution, deep domain expertise, and ongoing investment in innovation. Indeed, the eBay Board and leadership team are executing a focused strategy to drive sustainable growth and long-term shareholder value. This strategy is delivering results as demonstrated by the company's full year 2025 results and recent first quarter 2026 earnings. eBay continues to deliver value for the millions of buyers and sellers on its platform.
Until the Board has further carefully and thoroughly considered the proposal, the company does not intend to comment further at this time.

GameStop CEO Ryan Cohen appeared this morning on CNBC to discuss the $56 billion offer to acquire eBay, stating that the deal will be half cash and half stock. He also confirmed that GameStop may have to dilute shareholders with additional shares to help finance the acquisition.

Kepp it locked on Shacknews for more information on the potential GameStop acquisition of eBay as the news breaks.

This article is only meant for educational purposes, and should not be taken as investment advice. Please consider your own investment time horizon, risk tolerance, and consult with a financial advisor before acting on this information.

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At the time of this article, Shacknews primary shareholder Asif A. Khan, his family members, or his company Virtue LLC had the following positions:

Long GameStop via GME shares

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