https://www.live-feeds.com/feed/a-rejected-56b-takeover-bid-just-rescued-gamestop-s-quarterContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/a-rejected-56b-takeover-bid-just-rescued-gamestop-s-quarterhttps://www.live-feeds.com/feed/a-rejected-56b-takeover-bid-just-rescued-gamestop-s-quarter#u54291Wed, 02 Sep 2026 02:56:35 +0000GameStop expects higher second-quarter profits as an investment from eBay offsets a decline in sales. The company anticipates lower quarterly revenue resulting from an exit from the French market and various store closures. Despite the sales drop, the stock climbed 4% following a $358 million cash payment designed to limit dilution. This financial shift follows a rejected $56 billion takeover bid and a subsequent transition into a nearly $5 billion investment involving eBay.Why it mattersGameStop is restructuring its global footprint by closing stores and exiting specific international markets