{"id":3078,"date":"2026-06-27T10:07:27","date_gmt":"2026-06-27T10:07:27","guid":{"rendered":"https:\/\/reliablemovingcrews.com\/?p=3078"},"modified":"2026-06-27T10:07:27","modified_gmt":"2026-06-27T10:07:27","slug":"gamestop-pledges-to-pursue-its-takeover-offer-for-ebay-despite-rejection","status":"publish","type":"post","link":"https:\/\/reliablemovingcrews.com\/?p=3078","title":{"rendered":"GameStop pledges to pursue its takeover offer for eBay despite rejection"},"content":{"rendered":"<div><div><div><ul><li>Companies<\/li><\/ul><\/div><div><ul><li><svg><\/svg><div><div><div><button><span><span>Follow<\/span><\/span><\/button><\/div><\/div><\/div><\/li><li><svg><\/svg><div><div><div><button><span><span>Follow<\/span><\/span><\/button><\/div><\/div><\/div><\/li><\/ul><\/div><\/div><div>June 26 (Reuters) &#8211; GameStop (GME.N)<svg><\/svg><span>, opens new tab<\/span> \u200bpledged on Friday to pursue its proposed takeover of \u200ceBay (EBAY.O)<svg><\/svg><span>, opens new tab<\/span>, even after the e-commerce firm rejected an unsolicited cash-and-stock offer of about $56 billion from the videogame retailer.<\/div><div>The company also said \u200bin a short regulatory filing that this year&#8217;s \u200bearnings will be strong, helping push up its stock \u2060price more than 2% in after-hours trading.<\/div><div>GameStop CEO Ryan \u200bCohen surprised Wall Street with the offer to buy eBay \u200bin May, arguing a combined company would be a bigger competitor to Amazon and saying he would run it. EBay rejected it the same \u200bmonth.<\/div><div>The company said it was holding firm on plans \u200bto buy eBay, a company roughly five times its size, but \u200cdid \u2060not provide the details on Friday about its rationale and next steps.<\/div><div>GameStop said on Tuesday it would release additional materials regarding its plans for eBay this week, including a detailed \u200bpresentation of the \u200bstrategic rationale \u2060and operational plan for the combined company. On Friday, GameStop said, &#8220;additional materials regarding the \u200bproposed transaction are forthcoming.&#8221;<\/div><div>An eBay spokesperson could not \u200bbe \u2060immediately reached for comment.<\/div><div>The company said it expects to generate adjusted earnings before interest, taxes, depreciation and amortization of more \u2060than $600 \u200bmillion in fiscal 2026, compared with $345.4 \u200bmillion reported in fiscal 2025.<\/div><div><address><div><div><noscript>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"120\" height=\"120\" alt=\"Jaspreet Singh\" class=\"wp-image-9\" src=\"https:\/\/reliablemovingcrews.com\/wp-content\/uploads\/2026\/05\/a8d647782541686b4c9068dd2dfa6f30.avif\"\/><\/figure>\n<\/noscript><\/div><div>Jaspreet Singh<\/div><\/div><div><ul><li><span><div><svg><title>Email<\/title><\/svg><\/div><\/span><\/li><li><span><div><svg><title>X<\/title><\/svg><\/div><\/span><\/li><li><span><div><svg><title>Linkedin<\/title><\/svg><\/div><\/span><\/li><\/ul><\/div><\/address><\/div><\/div><p>Read more <a href=\"https:\/\/reliablemovingcrews.com\/?p=3076\">Iran says it hits US-linked targets as Bahrain reports drone attack<\/a><\/p><p>Read more <a href=\"https:\/\/reliablemovingcrews.com\/?p=3074\">French city-dwellers swap stifling apartments for cool hotel rooms<\/a><\/p><p>Read more <a href=\"https:\/\/reliablemovingcrews.com\/?p=3071\">Trump threatens 100% tariff on any country that imposes digital services tax<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>GameStop \u200bpledged on Friday to pursue its proposed takeover of \u200ceBay , even after the e-commerce firm rejected an unsolicited cash-and-stock offer of about $56 billion from the videogame retailer.<\/p>\n","protected":false},"author":1,"featured_media":3077,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[129,135],"class_list":["post-3078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-shareholder-activism","tag-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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