EBay rejects GameStop's $56 billion takeover bid, calling it 'neither credible nor attractive'
May 12, 2026
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1:46Now PlayingEBay rejects GameStop's $56 billion takeover bid, calling it 'neither credible nor attractive'
YouTube Description
as posted by the channelEBay on Tuesday rejected GameStop’s $56 billion takeover proposal, calling the unsolicited bid “neither credible nor attractive.”
GameStop CEO Ryan Cohen last week unveiled an audacious bid for eBay, offering to acquire the online marketplace for $125 per share in a cash-and-stock deal. EBay is much larger than the video game retailer, with a market cap of just over $48 billion, while GameStop’s is roughly $10.3 billion.
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