{"id":1006631,"date":"2026-05-04T10:00:23","date_gmt":"2026-05-04T04:30:23","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1006631"},"modified":"2026-05-04T10:12:15","modified_gmt":"2026-05-04T04:42:15","slug":"gamestop-makes-56-billion-takeover-bid-for-ebay","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/04\/gamestop-makes-56-billion-takeover-bid-for-ebay\/","title":{"rendered":"GameStop makes $56 billion takeover bid for eBay"},"content":{"rendered":"<p>GameStop proposed on Sunday to buy eBay Inc for about $56 billion in a cash-and-stock deal, with CEO Ryan Cohen saying he was prepared to take the bid directly to shareholders should eBay&#8217;s board be unreceptive. <\/p>\n<p>GameStop &#8211; once a stock market minnow that shot to fame during a meme-stock frenzy five years ago &#8211; is offering to pay $125 a share in a 50-50 mix of cash and stock, Cohen said in a letter to eBay&#8217;s board. Based on eBay&#8217;s Friday close, the bid represents a premium of about 20%. <\/p>\n<p>EBay has a market \u200ccapitalisation nearly four times \u2060larger than GameStop, \u2060making the buyout bid an ambitious attempt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GameStop proposed on Sunday to buy eBay Inc for about $56 billion in a cash-and-stock deal, with CEO Ryan Cohen saying he was prepared to take the bid directly to shareholders should eBay&#8217;s board be unreceptive. GameStop &#8211; once a stock market minnow that shot to fame during a meme-stock frenzy five years ago &#8211; is offering to pay $125 a share in a 50-50 mix of cash and stock, Cohen said in a letter to eBay&#8217;s board. Based on eBay&#8217;s Friday close, the bid represents a premium of about 20%. EBay has a market \u200ccapitalisation nearly four times \u2060larger [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1006631","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1006631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1006631"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1006631\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1006631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1006631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1006631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}