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EBay Rejects GameStop's $55 Billion Offer as 'Neither Credible Nor Attractive'
DE
Decrypt Editorial(02:37 PM UTC)
1 min read
In brief
- eBay has rejected a $55.5 billion takeover bid from GameStop.
- The firm called the unsolicited proposal "neither credible nor attractive."
- Shares of EBAY are up 55% in the last year of trading, while GameStop has dropped 18% in the same period.
Global online marketplace eBay has rejected GameStop’s unsolicited, $55.5 billion half-stock, half-cash acquisition proposal, it announced…
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