‘Neither credible or attractive’: eBay slaps down GameStop’s $56 billion takeover bid

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.”

Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon.

The national gaming retailer said at the time that its approximately 1,600 U.S. stores could become drop-off and........

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