Texas, May 4 -- US gaming retailer company GameStop Corp. has submitted a non-binding proposal to acquire 100 per cent of ebay Inc. at USD 125.00 per share in a mix of cash and stock, according to an official statement released by the company.

The offer represents a 46 per cent premium to ebay's unaffected closing price on February 4, 2026, the day GameStop began accumulating its position in the company. GameStop has built a 5 per cent economic stake in ebay through derivatives and ownership of common stock.

The company stated that the proposed deal values ebay at an aggregate undiluted equity value of approximately USD 55.5 billion. The offer also reflects a 27 per cent premium to the 30-day volume-weighted average price (VWAP) and a 3...