GameStop Corp. (NYSE:GME) CEO Ryan Cohen is doubling down on plans to acquire eBay Inc. (NASDAQ:EBAY), a target roughly five times GameStop’s market value, despite eBay rejecting its $56 billion offer in May.
‘Coming For eBay’
During an interview with Bloomberg TV, Cohen declined to comment when asked if GameStop planned to raise its offer, but said, “I’m not going to negotiate against myself.”
The takeover fight is far from over, with Cohen saying, “I’m not going to call my shots, but we’re coming for eBay one way or another,” adding that he would eventually take the plan directly to shareholders.
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