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EBay rejects GameStop's audacious $56 billion takeover bid - The Economic Times
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.
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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.
