eBay rejects $55.5bn offer from GameStop

The online auction giant said it doubted how the video game retailer would finance its offer.

EQT Makes Final Intertek Bid as Investors Urge Deal Talks - Bloomberg.com

EQT Makes Final Intertek Bid as Investors Urge Deal Talks  Bloomberg.com

EBay Rejects GameStop’s $55 Billion Takeover Bid

The online marketplace eBay called the cash-and-stock proposal “neither credible nor attractive.”

By Lauren Hirsch

EBay rejects $56bn GameStop bid as ‘neither credible nor attractive’

Rebuff could spur video game retailer’s chief Ryan Cohen to launch hostile bid for online marketplace

GameStop’s $55.5bn bid for eBay rejected as ‘neither credible nor attractive’

Online marketplace takes into account uncertainty around US video games retailer’s financing proposal The board of eBay has rejected the US video games retailer GameStop’s surprise $55.5bn bid (£41bn) for the online marketplace, describing the proposal as “neither credible nor attractive”. Earlier this month, GameStop made an unsolicited bid for eBay, publishing a letter on its website outlining a half-cash, half-stock proposal. Continue reading...

By Joanna Partridge

Ebay rejects $56 billion US bid by GameStop, calling it 'neither credible nor attractive'

GameStop CEO Ryan Cohen has argued that by combining GameStop and eBay, he could cut costs and find synergies to create a much bigger enterprise. But analysts and investors had wondered whether the offer by GameStop, which is much smaller than the company its trying to buy, stood a chance.

EBay rejects GameStop's $56 billion takeover bid, calling it 'neither credible nor attractive'

Many analysts questioned the deal, citing questions about how GameStop would finance the transaction and the strategic rationale.

The Ryan Cohen saga gets a new twist as eBay shoots down GameStop’s takeover offer

eBay says the $56 buyout deal is “neither credible nor attractive” and cheers its standalone prospects.

By Emily Bary

EBay rejects £41.4 billion GameStop takeover offer

The board of EBay labelled the proposal as ‘neither credible or attractive’.

By Henry Saker-Clark

eBay rejects Ryan Cohen's takeover offer

GameStop CEO Ryan Cohen wants to buy eBay, but the e-commerce platform isn't keen. GameStop; Smith Collection/Gado/Getty Images eBay has rejected Ryan Cohen's $55.5 billion takeover offer. The GameStop CEO made an unsolicited offer earlier this month. eBay's chairman said the offer is "neither credible nor attractive." eBay has turned down Ryan Cohen's unsolicited offer to take over its business. The online marketplace giant said Tuesday that it has officially rejected the GameStop CEO's $5...

EBay Rejects GameStop's $55 Billion Offer as 'Neither Credible Nor Attractive'

EBay Rejects GameStop’s $56 Billion Takeover Bid: ‘Your Proposal Is Neither Credible nor Attractive’

Online retailing giant eBay has turned down GameStop CEO Ryan Cohen’s unsolicited $56 billion takeover proposal, calling it “neither credible nor attractive.” On May 3, GameStop submitted a nonbinding offer to acquire of eBay for $125/share (supposedly comprising 50% cash and 50% GameStop common stock), valuing eBay at $55.5 billion. But questions immediately arose about […]

By Todd Spangler

EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'

eBay Rejects GameStop CEO Ryan Cohen's $56 Billion Offer to Buy the Company, Calls It 'Neither Credible nor Attractive'

eBay has officially rejected GameStop CEO Ryan Cohen’s $56 billion offer to buy the company.

By Wesley Yin-Poole

eBay rejects GameStop's 'neither credible nor attractive' bid

Online marketplace eBay announced Tuesday that it had rejected the recent $56 billion takeover offer from video game retailer GameStop, calling the unsolicited proposal 'neither cr...

"Neither Credible Nor Attractive": eBay Rejects GameStop's Takeover Bid

"Neither Credible Nor Attractive": eBay Rejects GameStop's Takeover Bid eBay's board released a statement on Tuesday morning, rejecting GameStop CEO Ryan Cohen's unsolicited, non-binding acquisition proposal, calling it "neither credible nor attractive." "We have concluded that your proposal is neither credible nor attractive," Paul S. Pressler, eBay's chairman of the board of directors, wrote in a statement. Pressler cited concerns over GameStop's financing, the risks of a comb...

By Tyler Durden

Chinese company Huayou agrees to fund Ewoyaa mine development amid Atlantic Lithium takeover talks

Chinese battery materials giant Zhejiang Huayou Cobalt has agreed to take over the remaining development funding obligations for Ghana’s Ewoyaa Lithium Project while simultaneously pursuing a proposed $210 million takeover of Atlantic Lithium. The move represents a major shift in the financing structure of the Ewoyaa project and significantly improves funding certainty as Atlantic Lithium […]

By Isaac Agyei