{"id":595543,"date":"2026-05-03T16:15:00","date_gmt":"2026-05-03T16:15:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=595543"},"modified":"2026-05-03T16:15:00","modified_gmt":"2026-05-03T16:15:00","slug":"gamestop-ceo-prepares-takeover-bid-for-ebay","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=595543","title":{"rendered":"GameStop CEO Prepares Takeover Bid For eBay"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">GameStop CEO Prepares Takeover Bid For eBay<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>Three months ago, billionaire Ryan Cohen, the CEO of GameStop, told The Wall Street Journal he was eyeing a major acquisition. Fast forward to late last week, and in what appears to be an intentional leak to the same outlet, Cohen&#8217;s next move may now be coming into focus: preparing an offer to buy eBay.<\/p>\n<p>The <a href=\"https:\/\/www.wsj.com\/business\/deals\/gamestop-preparing-offer-for-ebay-1678e6de\">WSJ cites sources<\/a> who say that Cohen&#8217;s GameStop has built a $12 billion position in eBay ahead of a potential offer. Notably, eBay has a market capitalization 3.8 times larger than that of the video game retailer.<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_3a423de6.png?itok=SUcQW0wh\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Snag_3a423de6.png?itok=SUcQW0wh\"><img fetchpriority=\"high\" decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"a495c1e0-2ecd-48f7-aee6-e279b66bb4d1\" data-responsive-image-style=\"inline_images\" height=\"276\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_3a423de6.png?itok=SUcQW0wh\" alt=\"\" \/><\/a><\/p>\n<p>Sources said Cohen could announce the offer as early as this month, and if eBay rejects it, he may take the bid directly to shareholders.<\/p>\n<p>In late January, Cohen told WSJ that he was eyeing a major transaction and searching for deals in the consumer and retail space, as part of a plan to expand the business far beyond video games and collectibles.\u00a0<\/p>\n<p>WSJ&#8217;s Lauren Thomas noted, &#8220;GameStop had around $9 billion in cash on hand at the end of March, up from $4.8 billion a year earlier. Cohen would likely enlist his legions of online followers to rally behind a deal, too.&#8221;<\/p>\n<p>The report comes as GameStop shares are up about 32% this year on hopes for dealmaking, while eBay shares are up nearly 20% this year.<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_3a430879.png?itok=p4hd9ani\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Snag_3a430879.png?itok=p4hd9ani\"><img decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"af0fa7c8-b80e-4601-a535-1c5b785aa621\" data-responsive-image-style=\"inline_images\" height=\"280\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_3a430879.png?itok=p4hd9ani\" alt=\"\" \/><\/a><\/p>\n<p>However, one week ago, we penned a note covering AI startup Anthropic, which quietly released a report titled &#8220;<a href=\"https:\/\/www.zerohedge.com\/markets\/anthropic-coming-ebay\">Project Deal<\/a>&#8221; suggesting the company may be preparing to take on eBay.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" lang=\"\" class=\"username\" xml:lang=\"\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Sun, 05\/03\/2026 &#8211; 12:15<\/span><img decoding=\"async\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_3a423de6.png?itok=SUcQW0wh\" title=\"GameStop CEO Prepares Takeover Bid For eBay\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>GameStop CEO Prepares Takeover Bid For eBay Three months ago, billionaire Ryan Cohen, the CEO of GameStop, told The Wall Street Journal he was eyeing a major acquisition. Fast forward to late last week, and in what appears to be an intentional leak to the same outlet, Cohen&#8217;s next move may now be coming into&hellip; <a class=\"more-link\" href=\"https:\/\/buglecall.org\/?p=595543\">Continue reading <span class=\"screen-reader-text\">GameStop CEO Prepares Takeover Bid For eBay<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":595544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[17,22,13],"tags":[],"class_list":["post-595543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-border-security","category-immigration","category-immigration-reform","entry"],"_links":{"self":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/595543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=595543"}],"version-history":[{"count":0,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/595543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/media\/595544"}],"wp:attachment":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=595543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=595543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=595543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}