Deals

Why Merger Arbs Are Steering Clear of GameStop-eBay Bets

GameStop’s surprise offer for eBay has turned heads and raised red flags on Wall Street.

Gamestop Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Jan. 2, 2025.Photographer: Michael Nagle/Bloomberg

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By Yiqin Shen

May 8, 2026 at 2:43 PM UTC

This article is for subscribers only.

Hi, it’s Yiqin Shen in New York, looking at why merger arb traders are backing away from one potentially massive M&A deal. Also today, Intertek spurns EQT again.

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