eBay has rejected GameStop’s takeover bid and says offer not “credible”

eBay has rejected GameStop's $56 billion takeover bid, stating the offer is neither credible nor attractive. eBay's chairman, Paul Pressler, expressed confidence in the company's current management and its ability to drive sustainable growth. Analysts have expressed skepticism about the feasibility of GameStop's bid for a company significantly larger than itself.

• COMPANY GameStop
• COMPANY eBay