Source: CNBC
“eBay on Tuesday rejected GameStop’s $56 billion takeover proposal, calling the unsolicited bid ‘neither credible nor attractive.’ GameStop CEO Ryan Cohen last week unveiled an audacious bid for eBay, offering to acquire the online marketplace for $125 per share in a cash-and-stock deal. eBay is much larger than the video game retailer, with a market cap of just over $48 billion, while GameStop’s is roughly $10.3 billion. … Many Wall Street analysts threw cold water on the deal, citing a lack of meaningful synergies between the two companies. ” (05/11/26)
https://www.cnbc.com/2026/05/12/ebay-rejects-gamestops-takeover-ryan-cohen.html