GAMES

eBay Rejects GameStop's $56 Billion Unsolicited Acquisition Bid

eBay has rejected GameStop's unsolicited $56 billion takeover bid, dismissing the proposal in unusually blunt terms. eBay's board characterized the offer as neither credible nor attractive, shutting down the attempted acquisition swiftly and publicly.

First seen 4h ago3 sources covering

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What we know

  • GameStop made an unsolicited $56 billion bid to acquire eBay
  • eBay's board rejected the proposal, calling it 'neither credible nor attractive'
  • The rejection was described across coverage as unusually blunt and decisive