[GameStop States It Will Continue with $56 Billion Acquisition Plan for eBay] BlockBeats News, June 30, according to Reuters, GameStop announced that despite eBay rejecting its approximately $56 billion cash and stock acquisition offer, the company will continue to pursue its acquisition plan for eBay. GameStop CEO Ryan Cohen made the acquisition offer for eBay in May, surprising Wall Street. He believes that the merged company would become a stronger competitor to Amazon and stated that he would personally take charge of operations. eBay rejected the offer in the same month. GameStop stated it remains committed to acquiring eBay but did not disclose the rationale for the deal or the next steps. Additionally, in a brief regulatory filing, GameStop projected that its adjusted EBITDA for fiscal year 2026 would exceed $600 million, up from the $345.4 million reported for fiscal year 2025. [Original Link]