GameStop is reportedly considering withdrawing its roughly $56 billion bid for eBay and pursuing a partnership instead, a potential shift from an unsolicited takeover effort that began with a May 3 non-binding proposal to buy all outstanding eBay shares for $125 each in a cash-and-stock deal. Bloomberg reported that Ryan Cohen is weighing an arrangement under which eBay could use GameStop's roughly 1,600 U.S. retail locations, potentially helping both companies expand in higher-margin categories such as trading cards and collectibles. EBay's board previously rejected the offer as "neither credible nor attractive," but GameStop later disclosed that it had built a 9.8% stake in eBay, holding 43.4 million shares. Cohen had declined to say whether he would raise the offer, telling Bloomberg TV, "I'm not going to negotiate against myself," and added that GameStop was "coming for eBay one way or another." A regulatory filing said GameStop's leadership remained focused on advancing the proposed acquisition and that additional materials were forthcoming. At the time of publication Monday, GameStop's market capitalization was about $8.59 billion versus eBay's roughly $49.83 billion, while eBay shares were down 3.63% at $107.92 and GameStop shares were up 0.84% at $19.33.