eBay rejects ‘unsolicited’ $55 billion takeover bid from GameStop

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Washington Examiner

One of the world’s largest online marketplaces, eBay, has rejected a 55.5 billion takeover offer from video game store GameStop. Paul Pressler, chairman of the board of directors for eBay, on Tuesday said the “unsolicited” bid was “neither credible nor attractive.” “We have taken into account such factors as 1) eBay’s standalone prospects, 2) the []