GameStop Chief Executive Officer Ryan Cohen says the company continues to pursue an acquisition of eBay even after eBay rejects a proposed deal. Bloomberg reported that Cohen, speaking in an interview with Bloomberg TV, declined to say whether he plans to increase his $56 billion offer for eBay. However, he reiterated the company’s intent to pursue eBay, stating, “we’re coming for eBay one way or another.” According to the reporting summarized by PYMNTS, eBay has rebuffed the initial offer, and the discussions are ongoing. The outlets agree on the core timeline: GameStop makes a $56 billion bid, eBay rejects it, and Cohen confirms that GameStop remains focused on buying eBay. While details on any potential revised offer are not provided, Cohen does not rule out further action and frames GameStop’s pursuit as persistent. The reports do not include additional terms from any revised proposal or eBay’s response beyond the initial rejection.
Ryan Cohen Says GameStop Will Pursue eBay After Rebuffing of $56 Billion Offer
GameStop Chief Executive Officer Ryan Cohen says the company continues to pursue an acquisition of eBay even after eBay rejects a proposed deal. Bloomberg reported that Cohen, speaking in an interview...
- GameStop CEO Ryan Cohen says the company continues pursuing an acquisition of eBay.
- eBay rejects GameStop’s $56 billion offer, as cited in the reports.
- Cohen declines to confirm whether GameStop will raise its offer.
- Cohen says GameStop intends to pursue eBay “one way or another.”
GameStop CEO Ryan Cohen said Thursday (July 16) that the company continues to pursue an acquisition of eBay, Bloomberg reported Thursday. In an interview with Bloomberg TV, Cohen declined to say whether he planned to raise his offer for the company but said “we’re coming for eBay one way or another,” according to the report. EBay rejected a $56 billion offer […] The post GameStop CEO Ryan Cohen Reaffirms Push to Buy EBay After Rejected Offer appeared first on PYMNTS.com.
4 hours agoGameStop Corp. Chief Executive Officer Ryan Cohen declined to say if he planned to raise his $56 billion offer for online auctioneer eBay Inc., but said “we’re coming for eBay one way or another.”
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