GameStop CEO Ryan Cohen cancels $35B pay plan to focus on $56B eBay takeover bid.

GameStop CEO Ryan Cohen has scrapped a $35 billion pay package tied to hitting performance targets to concentrate on his $56 billion bid to acquire eBay. Despite eBay's rejection of the offer and skepticism over how a $10 billion company like GameStop could buy a $50 billion company, Cohen remains committed and plans to release a detailed strategy soon. The move removes concerns that Cohen was motivated by personal gain, but questions about financing and operational plans remain. eBay continues to focus on its own turnaround, with investors supporting its current management and strategy.