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eBay rejects GameStop's $56B offer: "Your proposal is neither credible nor attractive"
eBay board doubts GameStop's ability to buy and operate the much larger firm.
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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.
