eBay board rejects surprise GameStop offer
Online marketplace giant eBay has rejected a $55.5bn (£40.9bn) takeover bid from video game retailer GameStop, calling it “unsolicited” and “neither credible nor attractive”.
In a letter to GameStop chief executive Ryan Cohen, eBay’s board of directors rejected the surprise bid and said the marketplace was a “strong, resilient business”.
Already have an account? Sign in here