#1 out of 119.05%
business13h ago
eBay Rejects GameStop CEO Ryan Cohen's $56 Billion Offer to Buy the Company, Calls It 'Neither Credible nor Attractive'
Ign.com and 14 more
- eBay's board rejects GameStop's bid, saying the proposal is not credible or attractive and that eBay can sustain growth on its own under current leadership.
- Analysts doubt the deal will close given the half-cash, half-stock structure and financing uncertainties, casting doubt on value realization for eBay.
- eBay emphasizes evaluating standalone prospects and long-term growth before any combination with GameStop, highlighting deal uncertainty.
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