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eBay Rejects GameStop's Takeover Bid, Citing Lack of Credibility

E-commerce giant eBay has officially rejected GameStop's unsolicited, non-binding acquisition proposal, deeming it 'neither credible nor attractive,' leading to a decline in GameStop's stock.

12 May, 05:27 — 12 May, 11:53
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18 sources33/33
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Left (3)
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Center (7)
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Right (6)
fazberlingskenaftemporikiseeking-alphale-figarochannel-news-asia
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Geographic diversity10 regions34/34
US9Germany1Austria1Netherlands1Denmark1Greece1France1Singapore1UK1Ghana1

Sources

Showing 11 of 18 sources
NYTMostly Factual1h ago

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

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bloombergHigh2h ago

EBay Rejects GameStop’s $56 Billion Takeover as Not Credible - Bloomberg.com

EBay Rejects GameStop’s $56 Billion Takeover as Not Credible  Bloomberg.com

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FTVery High2h ago

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

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cnbcMostly Factual1h ago

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.

Read full article →
marketwatchMostly Factual1h ago

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

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Business InsiderMostly Factual2h ago

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...

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YahooMostly Factual59m ago

eBay rejects GameStop's $56 billion takeover bid

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channel-news-asiaMostly Factual2h ago

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

Read full article →
ignMostly Factual2h ago

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

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zerohedgeLow1h ago

"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

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myjoyonlineMixed7h ago

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

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Coverage Timeline

First report: myjoyonline · 12 May, 05:27Full coverage: 18 · 7hWindow: 7h
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myjoyonline12 May, 05:27First to report

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

5h later
bloomberg12 May, 10:11

EBay Rejects GameStop’s $56 Billion Takeover as Not Credible - Bloomberg.com

Business Insider12 May, 10:15

eBay rejects Ryan Cohen's takeover offer

ign12 May, 10:41

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

FT12 May, 10:44

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

channel-news-asia12 May, 10:48

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

le-figaro12 May, 10:53

eBay «refuse» l'offre de rachat de GameStop à près de 56 milliards de dollars

zerohedge12 May, 10:55

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

marketwatch12 May, 11:02

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

seeking-alpha12 May, 11:04

Genco Trading & Shipping fires back at Diana over 'hostile' takeover bid

naftemporiki12 May, 11:07

Η Ebay απορρίπτει την πρόταση εξαγοράς από την GameStop: «Μη αξιόπιστη και μη ελκυστική»

berlingske12 May, 11:07

EBay afviser bud fra spilforhandler som utroværdigt

cnbc12 May, 11:31

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

nos12 May, 11:39

Veilingsite eBay wijst overname gameketen GameStop van de hand

NYT12 May, 11:44

EBay Rejects GameStop’s $55 Billion Takeover Bid

orf12 May, 11:53

eBay lehnt Übernahme durch Gamestop ab

Yahoo12 May, 11:53

eBay rejects GameStop's $56 billion takeover bid

faz12 May, 12:10Latest update

„Nicht glaubwürdig“: eBay lehnt Milliarden-Übernahme durch Gamestop ab