May 3, 2026, 7:50 PM ETGame Stop video gaming store in Dublin, California, August 23, 2018. Smith Collection/Gado/Getty ImagesGameStop Corp. will offer $125 in cash and stock per eBay Inc. share in a takeover proposal valued at about $56 billion, the Wall Street Journal reported, citing an interview with GameStop Chief Executive Ryan Cohen. Cohen told the paper that GameStop has built a roughly 5% stake in the e-commerce platform and secured a commitment letter from TD Bank to provide about $20 billion in debt financing for a deal. The company is expected to make its offer public later on Sunday, the WSJ said. The executive also told the paper that he is prepared for a proxy fight and take the offer to shareholders if necessary. The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.About the Authors
Lean: 0.000 · Source quality 54/100 · Factual vs opinion 90/100.