Search

EBay rejects GameStop’s $56bn bid as ‘neither credible nor attractive’

financing commitment letter from TD, contingent on the combined company receiving an investment-grade rating. Moody’s said last week the deal would be credit negative for eBay. Sources familiar with the matter said eBay

GameStop targets eBay with unsolicited $56bn acquisition offer

acquisition offer GameStop made an unsolicited $56bn bid to acquire e-commerce giant eBay—a company with a market value nearly four times higher—as the video game retailer seeks to boost profitability. eBay confirmed