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Ebay rejects GameStop's bid, calling it 'neither credible nor attractive' | CBC News
GameStop CEO Ryan Cohen has argued that by combining GameStop and eBay, he could cut costs and find synergies to create a much bigger enterprise. But analysts and investors had wondered whether the offer by GameStop, which is much smaller than the company its trying to buy, stood a chance.
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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.
