# eBay's board rejected GameStop's $55.5 billion offer to buy the company.

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

## Key points

- GameStop CEO Ryan Cohen proposed a $55.5 billion acquisition of eBay, nearly four times GameStop's size.
- Cohen attempted to fund the bid by selling high-priced GameStop merchandise on eBay itself.
- eBay's board formally rejected the offer, citing uncertain funding and concerns about GameStop's governance.
- GameStop shares dropped 4.5% premarket after eBay publicly dismissed the acquisition proposal.

**Companies:** eBay, GameStop
**Countries:** United States

[Read the full story on Entrepreneur](https://www.entrepreneur.com/business-news/ebay-rejects-gamestops-56-billion-bid)

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