eBay Rejects GameStop’s $56bn Takeover Bid

Online marketplace eBay said Tuesday that it had rebuffed a $56 billion takeover offer from video game retailer GameStop, calling the unsolicited proposal “neither credible nor attractive”.

“eBay’s board is confident that the company, under its current management team, is well positioned to continue to drive sustainable growth, execute with discipline, and deliver long-term value for our…