eBay has rejected GameStop's acquisition offer of approximately $56 billion
BlockBeats news, on May 12, according to market sources, eBay has rejected GameStop's approximately $56 billion acquisition offer, stating it was "neither credible nor attractive."
Previously, on May 4, GameStop had proactively made an offer to acquire the American online trading platform eBay for about $56 billion. GameStop CEO Cohen stated that the company already holds about 5% of eBay's shares and proposed to acquire eBay with $125 per share in cash and stock. If eBay does not accept this proposal, Cohen is prepared to launch a proxy fight and submit the proposal directly to shareholders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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