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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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Sep 5, 2026 / Tyler Durden
"Three For Two": CENTCOM Destroys Iranian Tankers Near Kharg Island After IRGC Targets US Warships
"Three For Two": CENTCOM Destroys Iranian Tankers Near Kharg Island After IRGC Targets US Warships
Summary:
CENTCOM Confirms Iranian Tankers Hit Near Kharg Island
Iranian Tanker Reportedly Hit By Missiles Near Kharg Island
CENTCOM Confirms Strikes
US Central Command confirmed on X that US forces struck three Iranian oil tankers after the Islamic Revolutionary Guard Corps launched ballistic missiles toward two US Navy warships.
CENTCOM provided details:
Following Iran's failed attacks, CENTCOM permanently disabled the IRGC crude oil carriers M/T Downy off the coast of Kharg Island and M/T Stark 1 near Jask. American forces also completely destroyed...
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Aug 20, 2026 / Kyle Anzalone
North Korea Conducts Third Missile Test This Month
North Korea test-fired several short-range ballistic missiles as the US and South Korea are engaging in war games. The South Korean military reported the North Korean missile test on Thursday. The missile launch occurred after President Trump requested a meeting with Supreme Leader Kim. When asked by a reporter if he planned to meet with Kim before […]
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Jun 11, 2026 / Tyler Durden
Australian Financial Watchdogs Back New Powers To Curb Money-Laundering Via Crypto
Australian Financial Watchdogs Back New Powers To Curb Money-Laundering Via Crypto
Authored by Rex Widerstrom via The Epoch Times,
Australian crime-fighting and financial agencies are moving to prevent the use of cryptocurrency for money laundering, scams, and money-mule activities.
Illustration of Bitcoin and Ethereum coins held together in front of diverses EURO banknotes in Paris, France, on June 5, 2026. Joao Luiz Bulcao/Hans Lucas/AFP via Getty Images
The Australian Banking Association (ABA), Transparency International, and the regulator, AUSTRAC (Australian Transaction Reports and Analysis Centre), are backing a proposal to amend the Anti-Money Laundering...
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