GameStop CEO Ryan Cohen's $56B Plan to Take Over eBay

Tue, 23 Jun 2026 20:52:00 +0000

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Ryan Cohen Too Early 00:44:20 marketseconomytech

If he takes over eBay, Ryan Cohen will cut approximately $2 billion of costs out of eBay's roughly $5.5 billion operating expense base to immediately improve earnings.

“So there are three areas. Number one is on immediately improving earnings through cutting costs and pulling $2 billion of costs out of the business” View on YouTube
Explanation

eBay's board rejected GameStop's $56B takeover bid on May 12, 2026 as 'neither credible nor attractive,' and Cohen is now reportedly considering withdrawing it in favor of a partnership instead, so the conditional premise ('if he takes over eBay') was never fulfilled.

Ryan Cohen Too Early 00:56:26 marketseconomy

Ryan Cohen will personally invest $500 million of his own money into the eBay acquisition transaction, to be disclosed via a not-yet-filed SEC filing around the time this interview airs.

“this is going to be coming out. It hasn't been filed yet. Maybe by the time that you know when this airs it will be. But I'm putting 500 million of my own money into this transaction.” View on YouTube
Explanation

No source confirms whether Cohen personally committed $500M to the now-rejected/stalled bid.

Ryan Cohen Too Early attribution: medium 00:57:48 marketseconomy

eBay's CEO will receive a golden parachute severance payout of over $100 million if removed as part of a Cohen-led takeover.

“It's over 100 million bucks.” View on YouTube
Explanation

Moot: the takeover was rejected, so no CEO severance/golden-parachute payout was triggered.