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May 12, 2026

Ebay rejects $56 billion US bid by GameStop, calling it 'neither credible nor attractive'

GameStop CEO Ryan Cohen has argued that by combining GameStop and eBay, he could cut costs and find synergies to create a much bigger enterprise. But analysts and investors had wondered whether the offer by GameStop, which is much smaller than the company its trying to buy, stood a chance.

EBay rejects GameStop's $56 billion takeover bid, calling it 'neither credible nor attractive' (CNBC World News)

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