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GameStop's Debt Fix Comes With a New Cost for Shareholders

GameStop Corp. (GME, Financials), the video game retailer and collectibles company, agreed to exchange about $1.4 billion of convertible senior notes for shares of its Class A common stock.The privately negotiated transaction covers about $400 million of zero-coupon notes due in 2030 and $1 billion…

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GameStop Cuts $1.4 Billion in Debt Without Cash, Stock Falls 8%

GameStop NYSE:GME fell 8.33% premarket after agreeing to exchange about $1.4 billion of convertible senior notes for Class A common stock in privately negotiated deals with existing holders. The notes are $400 million of 0.00% converts due 2030 and $1.0 billion due 2032. GameStop receives no cash p…

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GameStop Builds 9.8% eBay Stake After Rejected Bid

GameStop NYSE:GME disclosed it owns 43.4 million eBay NASDAQ:EBAY shares, or 9.8% of the e-commerce company, a sharp step up from the roughly 5% economic stake it held in early May when GameStop CEO Ryan Cohen offered to buy the company for roughly $56 billion. GameStop shares were unchanged premar…

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'Big Short' Michael Burry Could Make Over $100M This Year — Not From Stock Trades But Over 300K Substack Subscribers

“The Big Short” investor Michael Burry may be on pace for a nine-figure year, with the potential payday primarily coming from Substack subscriptions rather than stocks or options.Burry said on Sunday that his Cassandra Unchained newsletter had crossed 300,000 subscribers just 231 days after launch…

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GameStop Pushes Ahead With Bid For EBay Despite Board Rejection

SAN JOSE (dpa-AFX) - GameStop Corp. (GME) announced that it remains focused on advancing its proposed acquisition of eBay Inc. The company emphasized its commitment to pursuing the transaction despite recent developments.GameStop currently expects to generate Adjusted EBITDA in excess of $600 milli…

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GameStop pledges to pursue its takeover offer for eBay despite rejection

By Svea Herbst-Bayliss and Jaspreet SinghGameStop NYSE:GME pledged on Friday to pursue its proposed takeover of eBay NASDAQ:EBAY, even after the e-commerce firm rejected an unsolicited cash-and-stock offer of about $56 billion from the videogame retailer.The company also said in a short regulatory…

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GameStop pledges to pursue eBay takeover

GameStop NYSE:GME pledged on Friday that it would pursue its proposed takeover of eBay NASDAQ:EBAY.The videogame retailer said it currently expected to generate adjusted earnings before interest, taxes, depreciation, and amortization of more than $600 million in fiscal 2026, compared with $345.4 mi…

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GameStop forecasts adjusted EBITDA above $600M for fiscal 2026

GameStop expects adjusted EBITDA in excess of $600 million for fiscal year 2026.Key Highlights:Original SEC Filing: GameStop Corp. [ GME ] - 8-K - Jun. 26, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summ…

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