EBay rejects GameStop's audacious $56 billion takeover bid

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EBay rejects GameStop's audacious $56 billion takeover bid

A sign is posted in front of the eBay headquarters in San Jose, California. Justin Sullivan | Getty Images EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller ⁠ …

A sign is posted in front of the eBay headquarters in San Jose, California. Justin Sullivan | Getty Images EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller ⁠ GameStop on doubts over the financing of the deal, ​while underscoring its turnaround ​efforts that ​have boosted its growth. The rejection could lead to a hostile bid, as GameStop CEO Ryan ⁠Cohen ‌last week said he ⁠was willing to take the offer directly to eBay shareholders. …

Original source: CNBC Top News

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