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eBay Responds to GameStop $56 Billion Takeover Bid

The $56 billion question has an answer. Read eBay’s official response to the GameStop takeover bid and what the next steps might be.

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GameStop shocked the financial world last week with a surprise $56 billion takeover bid to fold eBay into its portfolio. A few days have passed since the offer and eBay is ready to respond to the offer.

eBay Rejects GameStop’s $56 Billion Bid

GameStop’s attempt to buy eBay first went public earlier in May and it only took eBay about a week to come to a decision. During that week, the attempted takeover got a ton of coverage and attentional in the news. After deliberation at eBay, the answer is a clear no to GameStop’s offer.

According to Reuters, eBay........

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