GameStop Wants to Buy eBay for $55 Billion - Media

GameStop is an American retail chain that sells video games and gaming electronics.

If the deal goes through, GameStop will gain control over one of the largest trading platforms, operating since 1995.

The company valued eBay at $55 billion. Offer terms:

• price of $125 per share (50% cash, 50% GameStop shares);
• a premium of 46% to the market in February 2026 and 36% to the 90-day average;
• financing: $9.4 billion from GameStop's own funds, about $20 billion from external sources.

The main idea of the deal is to combine businesses. GameStop plans to use its network of 1,600 stores in the US as logistics and distribution points for eBay.

According to Cohen, this will reduce eBay's operating costs by $2 billion per year, with more than half of the savings coming from marketing and sales.

Separately, GameStop's recent move to buy retro tech in stores is noted. This is now seen as preparation for integration with eBay, a major platform for collectors.

If the deal is approved, Ryan Cohen will become the CEO of both companies. He also stated that his income will depend solely on the financial results of the combined business.