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EBay rejects GameStop’s $56bn bid as ‘neither credible nor attractive’
CEO Cohen, who has built a 5 percent position in eBay, has hinted he may take offer directly to eBay shareholders.
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forbes.com
Ebay Rejects GameStop’s ‘Neither Credible Nor Attractive’ $56 Billion Takeover Bid
Ebay, whose market capitalization is four times that of Gamestop, highlighted the “uncertainty” around the “financing proposal” for the $56 billion unsolicited bid.
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digiday.com
How GameStop went from struggling retailer to eBay bidder
It’s still unclear how exactly GameStop, at a fraction of eBay’s size, would secure all the money needed for the transaction.
