eBay rejects GameStop's approximately $56 billion acquisition offer

Odaily Planet Daily News: According to market sources, eBay has rejected GameStop's roughly $56 billion acquisition offer, calling the proposal "neither credible nor attractive."

In a previous report, on May 4, GameStop proposed to acquire eBay for $125 per share in a cash-and-stock deal. GameStop CEO Ryan Cohen stated that the company already holds approximately 5% of eBay's shares. If eBay rejects the acquisition plan, it will consider launching a proxy fight and directly advance the proposal to shareholders.