EBay rejects GameStop's audacious $56 billion takeover bid
CNBC Top News ·

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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