{"id":6176,"date":"2026-05-13T02:03:22","date_gmt":"2026-05-13T02:03:22","guid":{"rendered":"https:\/\/stock999.top\/?p=6176"},"modified":"2026-05-13T02:03:22","modified_gmt":"2026-05-13T02:03:22","slug":"neither-credible-or-attractive-ebay-slaps-down-gamestops-56-billion-takeover-bid","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=6176","title":{"rendered":"‘Neither credible or attractive’: eBay slaps down GameStop’s $56 billion takeover bid"},"content":{"rendered":"

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Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal \u201cneither credible or attractive.\u201d<\/p>\n

Ryan Cohen\u2019s\u00a0GameStop disclosed earlier this month that it was\u00a0pursuing\u00a0a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon.<\/p>\n

The national gaming retailer said at the time that its approximately 1,600 U.S. stores could become drop-off and shipping locations. One proposal included live sales broadcasts from GameStop locations featuring eBay products.<\/p>\n

GameStop\u2019s bid is worth $125 per share in cash and stock. The equity value of the proposed deal is $55 billion on paper. The company previously said that it started accumulating shares in\u00a0eBay\u00a0beginning in February and currently has a 5% stake.<\/p>\n

In a letter from eBay Chairman Paul Pressler sent to Cohen, eBay\u2019s board said that it had completed its review of GameStop\u2019s offer and believes that eBay is a \u201cstrong, resilient business.\u201d<\/p>\n

\u201cWith its differentiated global marketplace and a clear strategy, eBay\u2019s board is confident that the company, under its current management team, is well-positioned to continue to drive sustainable growth, execute with discipline, and deliver long-term value for our shareholders,\u201d the letter said.<\/p>\n

GameStop did not immediately respond to a request for comment. The company\u2019s stock fell 4% before the market open on Tuesday.<\/p>\n

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what\u2019s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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#credible #attractive #eBay #slaps #GameStops #billion #takeover #bid<\/p>\n","protected":false},"excerpt":{"rendered":"

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[8817,2329,552,4534,10710,10711,8560,7548,11853,2328],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/6176"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6176"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/6176\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}