GameStop (yes, that GameStop) wants to buy eBay for $56 billion
GameStop has announced plans to acquire eBay for approximately $55.5 billion, offering $125 per share, a 46% premium over eBay's closing stock price on February 4, 2026. Despite GameStop's market capitalization of around $11.8 billion, the company claims to have a strategy to finance the acquisition. Once a dominant brick-and-mortar video game retailer, GameStop gained notoriety as a heavily shorted meme stock during its decline in the 2010s.
- ▪GameStop intends to buy eBay for $55.5 billion, offering $125 per share.
- ▪The offer represents a 46% premium over eBay's closing stock price on February 4, 2026.
- ▪GameStop's market cap is approximately $11.8 billion, raising questions about how it will fund the acquisition.
- ▪GameStop was once a major physical retailer with over 6,000 global stores.
- ▪The company became a prominent meme stock after facing steep decline due to digital distribution of games.
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Home > Tech > Tech Industry GameStop (yes, that GameStop) wants to buy eBay for $56 billion Wait, GameStop is doing what? By Stan Schroeder Stan Schroeder Senior Editor Stan is a Senior Editor at Mashable, where he has worked since 2007. He's got more battery-powered gadgets and band t-shirts than you. He writes about the next groundbreaking thing. Typically, this is a phone, a coin, or a car. His ultimate goal is to know something about everything. Read Full Bio on May 4, 2026 Share on Facebook Share on Twitter Share on Flipboard The company has a plan. Credit: Smith Collection/Gado / Contributor GameStop, a chain of physical video game and merchandise stores, is also well known for achieving legendary status among meme stocks.
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