eBay rejects GameStop's $56B takeover offer, saying the unsolicited bid is “neither credible nor attractive”, in a letter from eBay Chairman Paul Pressler

Bloomberg 2026-05-12

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r/wallstreetbets r on reddit
EBay Rejects GameStop's $56 Billion Takeover as Not Credible
r/TwoBestFriendsPlay r on reddit
eBay Rejects Unsolicited Proposal from GameStop
Dylan Jones Dylan Jones on linkedin
Ryan Cohen built Chewy from an idea into a $3.35 billion sale to PetSmart, so it's fair to say that he has a certain amount of business capability. …
r/PokeInvesting r on reddit
eBay Rejects Gamestop $56 Billion Offer to Buy the Company, Calls It ‘Neither Credible nor Attractive’
@mtslive @mtslive on x
SITUATION UPDATE: eBay has rejected GameStop's offer to acquire it for $56 billion, citing the proposal was “neither credible nor attractive.” Last week, Ryan Cohen began listing vintage merchandise on Ebay such as a GameStop cap for $4,950, saying he was going to “sell things [v…
@jamessurowiecki James Surowiecki on x
If Ryan Cohen were actually offering eBay shareholders $125 a share in cash, the board would obviously take that offer seriously. He's not. He's offering $62.50 a share in cash, and the rest in watered-down, overpriced GameStop stock, which he wants eBay shareholder to trade [ima…
@compound248 @compound248 on x
@JamesSurowiecki ...and roughly 2/3 of the cash payment is simply by levering up eBay's own balance and distributing its own cash to EBAY owners. That's really not a “payment,” in so much as a conversion of equity to debt and dividending out the proceeds.
@jessetinsley Jesse Tinsley on x
Ryan Cohen trying to bring eBay back into relevance... eBay board: “neither credible nor attractive” Translation: we would prefer not to be held accountable for the last 5 years or being overstaffed by 90%.
@rampcapitalllc @rampcapitalllc on x
Honestly I know how this feels. My ex said the same thing to me before we broke up. $EBAY $GME [image]
@thegoblinnn @thegoblinnn on x
Thank fucking god. GameStop owning eBay would single handedly kill the trading card market forever, and I'm not kidding. They're very clearly trying to take control of trading cards as their final Hail Mary to save the company. Remember when GameStop sold games? Lol
@yahoofinance @yahoofinance on x
eBay has rejected GameStop's $56 billion takeover bid, calling it “neither credible nor attractive.” “Ryan Cohen is no aspiring Warren Buffett, as his many groupies think,” @BrianSozzi says. [video]
@morningbrew @morningbrew on x
Killed with corporate kindness [image]

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eBay rejects GameStop's $56B takeover offer, saying the unsolicited bid is “neither credible nor attractive”, in a letter from eBay Chairman Paul Pressler

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