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eBay Rejects $56 Billion Takeover Bid From GameStop CEO Ryan Cohen


EBay has rejected a $56 billion takeover offer from GameStop CEO Ryan Cohen, calling the unsolicited proposal “neither credible nor attractive.”
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The company cited concerns over the financing plan, operational risks, and GameStop’s governance. Cohen had offered $125 per share in a cash-and-stock deal and previously signaled he could take the bid directly to shareholders if eBay’s board rejected it.

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