GameStop insists on advancing its plan to acquire eBay for approximately $56 billion and forecasts an EBITDA exceeding $600 million for the fiscal year 2026
By: www.chaincatcher.com|2026/06/30 20:45:00
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According to Reuters, GameStop (GME) stated that despite eBay (EBAY) rejecting its acquisition offer of approximately $56 billion in cash and stock in May, the company will continue to push forward with the acquisition plan and will soon release detailed strategic logic and operational integration plans. GameStop CEO Ryan Cohen previously argued that the reason for acquiring eBay is that the merged company would become a stronger competitor to Amazon.
Meanwhile, GameStop disclosed that the adjusted EBITDA for the fiscal year 2026 is expected to exceed $600 million, a significant increase from $345.4 million in the fiscal year 2025.
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