eBay Rejects GameStop's $56 Billion Takeover Bid

eBay has rejected a $56 billion takeover bid from GameStop, citing concerns over financing and highlighting its ongoing turnaround efforts. The rejection raises the possibility of a hostile bid as GameStop CEO Ryan Cohen is prepared to approach eBay shareholders directly.

By https://www.facebook.com/CNBC · CNBC ·

eBay Rejects GameStop's $56 Billion Takeover Bid

Tickers: $EBAY $GME

Topics: eBay GameStop hostile takeover risk takeover attempt

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