October 12, 2026
Business

GameStop tanks 10% as CEO skips question on $55 bn deal(Soban News)

GameStop shares fell over 10% after CEO Ryan Cohen sidestepped questions on funding its $55.5 billion bid for eBay. The proposed half-cash, half-stock deal faces a funding gap despite planned debt and cash use. eBay has not engaged, while Cohen may pursue a proxy fight if required.

​GameStop shares fell over 10% after CEO Ryan Cohen sidestepped questions on funding its $55.5 billion bid for eBay. The proposed half-cash, half-stock deal faces a funding gap despite planned debt and cash use. eBay has not engaged, while Cohen may pursue a proxy fight if required. by Soban News (international And National News)

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