TechFlow news, June 30, according to Reuters, GameStop (GME) announced on June 27 that although eBay (EBAY) rejected its approximately $56 billion cash-and-stock acquisition offer in May, the company will continue to pursue the acquisition plan and will release detailed strategic rationale and operational integration plans in the near future. GameStop CEO Ryan Cohen previously stated that the rationale for proposing the acquisition of eBay was that the merged company would become a stronger competitor to Amazon. Meanwhile, GameStop disclosed that adjusted EBITDA for fiscal year 2026 is expected to exceed $600 million, representing a significant increase compared to $345.4 million in fiscal year 2025.
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