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EQT Makes Final Bid for Intertek, eBay Rejects GameStop, Byron Allen Acquires BuzzFeed
Private equity firm EQT submitted its final offer to acquire testing and inspection company Intertek. eBay turned down a takeover proposal from GameStop. Media executive Byron Allen reached a deal to take over BuzzFeed, according to a Bloomberg report published on May 12, 2026.
May 12, 9:58 AM·1m read1 source
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A Bloomberg report on Tuesday outlined several major corporate developments in the mergers and acquisitions market. The private equity firm submitted its final bid for the testing, inspection and certification company. The offer follows an earlier approach that had been under consideration for weeks.
Separately, the online marketplace rejected an unsolicited takeover proposal from the video game retailer. The decision leaves the companies to pursue their existing strategies independently. The media executive reached an agreement to acquire the digital media company.
The transaction marks a change in ownership for the outlet known for its news and entertainment content. These moves reflect ongoing activity in private equity buyouts, technology sector consolidation attempts and shifts in digital media ownership. Market participants will monitor whether the testing company accepts the latest bid and how the new ownership structure affects BuzzFeed's operations going forward.
The report provided no additional financial terms or timelines for closing any of the transactions.
