GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it

GameStop’s $56 billion offer for eBay is generating more hype than strategy, as the company has yet to explain how it will finance the deal. The proposal, which outpaces #10 by a staggering margin in audacity, lacks the concrete funding details needed to move beyond speculation. With no disclosed financing plan, this move appears riskier than the typical rival acquisition—citing the 2024 Microsoft-Activision deal, which had clear funding—and leaves investors questioning viability. In contrast, eBay’s market cap of $58 billion demands a premium that GameStop cannot justify without a clear capital source.