eBay Rejects GameStop's $56 Billion Acquisition Offer as "Neither Credible nor Attractive"

GateNews

According to ChainCatcher, eBay rejected GameStop’s approximately $56 billion acquisition offer on May 4, citing it as “neither credible nor attractive.” GameStop CEO Cohen had proposed acquiring the online marketplace at $125 per share in cash and stock, while noting the company already holds about 5% of eBay’s shares.

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