The proposed $56 billion transaction would see what was once one of the biggest names on the internet become the property of a Grapevine-based chain of video game stores. In January 2021, GameStop stock was notoriously the subject of a so-called “short squeeze.

GameStop CEO Ryan Cohen's perplexing appearance on CNBC didn't exactly help soothe worries about deal financing.

By Mihika Sharma and Akanksha Khushi May 3 (Reuters) - GameStop proposed on Sunday to buy eBay Inc for about $56 billion in a cash-and-stock deal, with CEO Ryan Cohen saying he was prepared to take the bid directly to shareholders should eBay's board be unreceptive.

Gamestop, the mall‑dwelling survivor of the retail apocalypse, has apparently decided it’s done playing on Easy Mode. According to multiple reports, the company is gearing up to make an offer to buy Ebay,