GameStop CEO Ryan Cohen might be ready to pull the plug on his ambitious plan to purchase eBay for $56 billion, a new report claims. Cohen–who came up with the plan while seated on his porcelain throne–had been pursuing the deal ever since it was announced, but eBay rejected the offer, saying it was “neither credible nor attractive.” According […]
GameStop’s ambitious plan to purchase eBay has been officially rejected by the online auction marketplace. The company raised several concerns, with its primary one being how GameStop would plan to fund its proposal to purchase eBay for $56 billion–especially when GameStop itself only has $9.4 billion in assets. The eBay board of directors ultimately decided […]