EBay rejects GameStop's $55.5 billion takeover bid, calling it "neither credible nor attractive"

Source CBS Local
Original Load Date May 12, 2026, 11 a.m.
Last Updated May 12, 2026, 11 a.m.
Original URL https://www.cbsnews.com/chicago/news/ebay-rejects-gamestop-55-billion-offer-ryan-cohen/

Article Preview

EBay on Tuesday [ said ][10] it is rejecting GameStop's $55.5 billion takeover bid, calling the offer "neither credible nor attractive." The rejection comes about a week after GameStop [ made its offer, ][11] with CEO Ryan Cohen arguing that the video game retailer's 1,600 locations would give eBa...