GameStops

EBay rejects GameStop’s $55.5 billion takeover bid, calling it “neither credible nor attractive”

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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.  In a … Read more

Shares of eBay take off on a $56 billion buyout bid from GameStop’s Ryan Cohen

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Shares of eBay are soaring before the opening bell after Ryan Cohen’s GameStop announced an attempt to take over the company for about $56 billion, seeing it as a vehicle to compete with online retail giant Amazon Shares of eBay are soaring before the opening bell Monday as Ryan Cohen’s GameStop pursues an approximately $56 … Read more