# Ryan Cohen criticised eBay's management while praising the company's business potential.

*business · news · 2026-05-13 · Moneycontrol*

## Key points

- Ryan Cohen has built a 5% stake in eBay and may call a special shareholder meeting.
- GameStop's $56 billion bid for eBay includes $20 billion debt financing from TD Bank, contingent on an investment-grade rating.
- eBay rejected the bid citing doubts over financing, long-term growth, and combined management structure.
- Moody's said the deal would be credit negative for eBay and unlikely to achieve investment-grade status.

**Companies:** eBay, GameStop
**Countries:** USA

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/companies/gamestop-ceo-ryan-cohen-urges-ebay-board-not-to-reject-56-billion-takeover-bid-13918494.html)

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