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EBay Spurns GameStop’s Bid as ‘Neither Credible Nor Attractive’
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-Cecilia D'Anastasio, Bloomberg Video Game Reporter, discusses EBay rejecting a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, describing the unsolicited bid as “neither credible nor attractive.” EBay’s board turned down the offer due to “uncertainty” around the financing plan, operational risks, and GameStop’s governance, among other factors.
-Lily Meier, Bloomberg Retail Reporter…
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