Online marketplace takes into account uncertainty around US video games retailer’s financing proposal
The board of eBay has rejected the US video games retailer GameStop’s surprise $55.5bn bid (£41bn) for the online marketplace, describing the proposal as “neither credible nor attractive”.
Earlier this month, GameStop made an unsolicited bid for eBay, publishing a letter on its website outlining a half-cash, half-stock proposal.
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This article was originally published by The Guardian and written by Joanna Partridge.
Read original article on The Guardian