Ryan Cohen says GameStop could issue stock to pay for takeover of eBay

GameStop made an unsolicited, non-binding offer to acquire eBay at $125 per share in a cash-and-stock transaction, implying a deal value of roughly $55.5 billion. The proposal immediately raises financing questions, making the announcement strategically significant but uncertain in execution. The news is likely to move both stocks given the size of the bid and the takeover speculation.

Analysis

GameStop made an unsolicited, non-binding offer to acquire eBay at $125 per share in a cash-and-stock transaction, implying a deal value of roughly $55.5 billion. The proposal immediately raises financing questions, making the announcement strategically significant but uncertain in execution. The news is likely to move both stocks given the size of the bid and the takeover speculation.