eBay shoots down 'neither credible nor attractive' $56 billion GameStop offer from CEO who says 'I'm…
eBay has rejected a $56 billion acquisition offer from GameStop, stating the proposal was neither credible nor attractive. GameStop CEO Ryan Cohen expressed his determination to pursue the deal despite eBay's rejection. eBay's board cited the company's strong performance and strategic focus as reasons for declining the offer.
- Entities
- Topic: Business
- Company: GameStop
- Company: eBay
- Topic: Mergers and Acquisitions
- Person: Paul Pressler
- Person: Ryan Cohen
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