EBay rejects GameStop's $55.5 billion takeover bid

CBS News Top ·

EBay rejects GameStop's $55.5 billion takeover bid

EBay on Tuesday said it is rejecting GameStop's $55.5 billion takeover bid, calling the offer "neither credible nor attractive." The rejection comes about a week after GameStop made its offer, with …

EBay on Tuesday said it is rejecting GameStop's $55.5 billion takeover bid, calling the offer "neither credible nor attractive." The rejection comes about a week after GameStop made its offer, with CEO Ryan Cohen arguing that the video game retailer's 1,600 locations would give eBay a "national network" for authentication, intake and fulfillment. …

Original source: CBS News Top

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