EBay rejects GameStop's $56 billion bid
By Curtis Eichelberger ( May 12, 2026, 13:20 GMT | Insight) -- EBay rejected GameStop's $56 billion cash-and-stock takeover offer on Tuesday over concerns about the deal's financing. In a letter to GameStop Chief Executive Officer Ryan Cohen, the eBay board said: "We have concluded that your proposal is neither credible nor attractive. eBay's Board is confident the company, under its current management team, is well-positioned to continue to drive sustainable growth."EBay rejected GameStop's $56 billion cash-and-stock takeover offer on Tuesday over concerns about the deal's financing. ...
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