eBay Rejects GameStop’s $56 Billion Bid as ‘Neither Credible Nor Attractive’
eBay’s board has rejected an unsolicited $56 billion takeover proposal from GameStop, dismissing the cash-and-stock offer led by Chief Executive Ryan Cohen as “neither credible nor attractive” and warning that the financing path remains unclear. The decision sets up a likely hostile fight. Cohen has indicated he may take the $125-per-share bid directly to eBay...
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