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Reuters
Wed, May 20, 2026 astatine 9:24 AM CDT 1 min read
May 20 (Reuters) - GameStop has accrued its involvement successful eBay to about 6.55%, the videogame retailer disclosed successful a filing connected Tuesday, days after the e-commerce institution rejected its $56 cardinal takeover bid.
GameStop antecedently owned astir a 5% involvement successful eBay and some analysts said its CEO Ryan Cohen could yet propulsion for a special shareholder gathering oregon question committee practice much supportive of his proposal.
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In an interview with writer Piers Morgan past week, Cohen had said eBay's committee had a work to prosecute with his connection successful the champion interests of shareholders, adding that "we'll bash whatever we request to do" if it failed to do so.
EBay rejected the bid over concerns astir the financing of the deal, portion highlighting its turnaround efforts and improving growth.
(Reporting by Harshita Mary Varghese successful Bengaluru and Svea Herbst-Bayliss successful New York; Editing by Sriraj Kalluvila)

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