GameStop Remains Committed to Advancing Approximately $56 Billion eBay Acquisition Plan, Forecasts Fiscal 2026 EBITDA Exceeding $600 Million

According to Reuters, GameStop (GME) stated on June 27 that although eBay (EBAY) rejected its approximately $56 billion cash-and-stock acquisition offer in May, the company remains committed to advancing the acquisition plan and will release detailed strategic rationale and operational integration plans in the near future. GameStop CEO Ryan Cohen previously stated that the reason for acquiring eBay is that the merged company will become a stronger competitor to Amazon. Meanwhile, GameStop disclosed that adjusted EBITDA for fiscal 2026 is expected to exceed $600 million, representing a significant increase from $345.4 million in fiscal 2025.