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"Neither Credible Nor Attractive": eBay Rejects GameStop's Takeover Bid

"Neither Credible Nor Attractive": eBay Rejects GameStop's Takeover Bid eBay's board released a statement on Tuesday morning, rejecting GameStop CEO Ryan Cohen's unsolicited, non-binding acquisition proposal, calling it "neither credible nor attractive." "We have concluded that your proposal is neither credible nor attractive," Paul S. Pressler, eBay's chairman of the board of directors, wrote in a statement. Pressler cited concerns over GameStop's financing, the risks of a combined business, leadership and governance questions, and the potential impact on eBay's valuation and long-term growth. Pressler laid out the concerns: eBay's standalone prospects, the uncertainty regarding your...
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Feb 21, 2026 / Tyler Durden
'Incubator Babies' Are Back, With Iran In Crosshairs
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Apr 28, 2026 / Tyler Durden
Trump Tells Aides US Preparing For Extended Blockade, But Could Be Open To Interim Deal With Iran
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Apr 12, 2026 / Tyler Durden
Washington, D.C. Will Feel Like June Next Week. Cue MSM Climate Doom Propaganda
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