GameStop CEO Ryan Cohen earned $168,421.39 from a series of eBay listings after posting baseball cards, gaming collectibles and company-related merchandise for sale following GameStop’s unsolicited bid for eBay, according to Business Insider.
The listings closed about a week after Cohen wrote on X that he was “selling stuff on eBay to pay for eBay.” According to Business Insider, the sales came after GameStop made a $55.5 billion offer for eBay, which eBay later rejected.
The highest-selling item was a large Master Chief statue from “Halo 2,” which sold for $15,100 after receiving 105 bids. The statue was listed for local pickup in Grapevine, Texas, where GameStop is headquartered.
Other top items included two signs from closed GameStop stores, which sold for $14,921 after 105 bids, and two collectible statues from “South Park,” which isold for $13,400 after 87 bids.
Cohen also sold a PSA 10 collectible card showing Donald Trump’s 2016 swearing-in. The card sold for $6,470 after 44 bids, according to Business Insider.
The lowest-selling item cited in the report was a 1995 Vladimir Guerrero baseball card, which sold for $1,694 after 69 bids.
The total raised was small compared with GameStop’s proposed $55.5 billion offer for eBay. Business Insider reported that Cohen’s $168,421.39 in sales represented about 0.0003% of the proposed deal value.
Cohen’s eBay profile was briefly suspended after the platform’s system flagged high-priced listings. Business Insider reported that eBay later restored the account.
One planned listing also ran into eBay rules. Cohen’s socks had attracted bids above $14,000, but used socks violate eBay’s used clothing policy, according to the report.
The eBay sales came as Cohen continued pressing for a deal between GameStop and eBay. eBay rejected GameStop’s offer earlier this week, with Chairman Paul Pressler calling the proposal “neither credible nor attractive,” Business Insider reported.
After the rejection, Cohen responded in an email to Pressler, saying eBay should not dismiss a $125-per-share proposal without engaging on its substance, according to a Financial Times report cited by Business Insider.
Cohen also told Piers Morgan that eBay’s board has a responsibility to act in the best interest of shareholders and suggested he would continue pushing for engagement on the proposal.
The listings drew attention online, but the final sales total remains only a fraction of the proposed eBay deal.
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