Shares of eBay take off on a $56 billion buyout bid from GameStop's Ryan Cohen

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Shares of eBay take off on a $56 billion buyout bid from GameStop's Ryan Cohen

Issued on: 04/05/2026 - 15:05

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Shares of eBay are soaring before the opening bell Monday as Ryan Cohen's GameStop pursues an approximately $56 billion takeover of company, seeing it as a vehicle to compete with online retail giant Amazon. The national gaming retailer said that its approximately 1,600 U.S. stores could become drop-off and shipping locations. One proposal includes live sales broadcasts from GameStop locations featuring eBay products.

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