Shareholders in the ecommerce company are getting a good deal, at least on paper, with an offer of $28bn of cash

Shareholders in the ecommerce company are getting a good deal, at least on paper, with an offer of $28bn of cash

EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller GameStop on doubts over the financing of the deal.

Online marketplace takes into account uncertainty around US video games retailer’s financing proposal

GameStop CEO has said he could take the bid directly to shareholders. Read more at straitstimes.com. Read more at straitstimes.com.

With his offer rebuffed by eBay, the ball is now in GameStop boss Ryan Cohen’s court

CEO says reseller’s board failed to engage after declining to meet him