EBay has rejected a massive $56 billion takeover offer from GameStop. EBay cited doubts about GameStop's financing for the deal. The company is confident in its current growth strategy. GameStop's CEO had proposed cost cuts and synergies.

Ebay, whose market capitalization is four times that of Gamestop, highlighted the “uncertainty” around the “financing proposal” for the $56 billion unsolicited bid.

It’s still unclear how exactly GameStop, at a fraction of eBay’s size, would secure all the money needed for the transaction.

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

EBay has rejected a massive $56 billion takeover offer from GameStop. EBay cited doubts about GameStop's financing for the deal. The company is confident in its current growth…

EBay ha respinto l'offerta di acquisizione da 56 miliardi di dollari da parte del rivenditore di videogiochi GameStop, definendo la proposta "né credibile né attrattiva". Lo si…

‘We have concluded that your proposal is neither credible nor attractive.’

La società di San Jose, California, ha definito in una nota la proposta di acquisto «né credibile né attraente»

Online marketplace eBay has rejected an offer from GameStop to buy the company for $55.5 billion, dealing a blow to the video game retailer’s ambitions to create a rival to Amazon.

Many analysts questioned the deal, citing questions about how GameStop would finance the transaction and the strategic rationale.

La cadena de tiendas de videojuegos hizo una oferta de compra a principios de año; para eBay no es “ni creíble ni atractiva”

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

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…

L'offerta di GameStop è stata ritenuta poco credibile. Ma potrebbe non essere finita qui

The online auction giant said it doubted how the video game retailer would finance its offer.

It called the bid "neither credible nor attractive."

EBay has rejected a proposed offer from GameStop to buy it, calling the offer "neither credible nor attractive."

The ‘meme stock’ company is remembered for Reddit traders sending its share price into orbit but its move on the auction site looks less likely to take off

eBay board doubts GameStop's ability to buy and operate the much larger firm.

CEO Cohen, who has built a 5 percent position in eBay, has hinted he may take offer directly to eBay shareholders.

The saga of the most bewildering corporate acquisition attempt in recent memory is officially over. For now.