Many analysts questioned the deal, citing questions about how GameStop would finance the transaction and the strategic rationale.
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EBay
on Tuesday rejected GameStop
’s $56 billion takeover proposal, calling the unsolicited bid “neither credible nor attractive.”
GameStop CEO Ryan Cohen last week unveiled an audacious bid for eBay, offering to acquire the online marketplace for $125 per share in a cash-and-stock deal. EBay is much larger than the video game retailer, with a market cap of just over $48 billion, while GameStop’s is roughly $10.3 billion.
EBay rejects GameStop’s $56bn bid as ‘neither credible nor attractive’
eBay rejects $55.5bn offer from GameStop
eBay rejects GameStop’s $56 billion acquisition bid
GameStop’s $55.5bn bid for eBay rejected as ‘neither credible nor attractive’
eBay rejects GameStop's $55 billion takeover offer
eBay rejects GameStop's $56B offer: "Your proposal is neither credible nor attractive"
EBay rejects GameStop purchase offer - UPI.com
GameStop hits the limits of credibility with $55.5bn eBay bid | Nils Pratley
eBay respinge offerta acquisizione da 56 miliardi dollari di GameStop
Ebay weist GameStop ab: Übernahmeangebot "unglaubwürdig"
