Article #24473

The Guardian - World News

The Guardian - World News

Title GameStop’s $55.5bn bid for eBay rejected as ‘neither credible nor attractive’ Source The Guardian - World News
Description

Online marketplace takes into account uncertainty around US video games retailer’s financing proposal

The board of eBay has rejected the US video games retailer GameStop’s surprise $55.5bn bid (£41bn) for the online marketplace, describing the proposal as “neither credible nor attractive”.

Earlier this month, GameStop made an unsolicited bid for eBay, publishing a letter on its website outlining a half-cash, half-stock proposal.

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Link https://www.theguardian.com/business/2026/may/12/gamestop-bid-for-ebay-rejected-as-neither-credible-nor-attractive Published At 2026-05-12 08:53:54 (2 months ago)
Created At 2026-05-12 09:06:18 Updated At 2026-05-12 09:06:18