eBay turns down GameStop’s $56 billion takeover proposal
In a statement issued Tuesday, eBay Chairman Paul Pressler said the company's board had carefully reviewed the proposal before deciding against it. eBay has rejected a $56 billion acquisition proposal from videogame retailer GameStop, saying the offer lacked credibility and failed to provide a compelling path forward for shareholders, as per a Reuters report. The proposed transaction, which would have…
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