"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 combin...
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