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eBay’s Rejection Letter To GameStop’s $56 Billion Bid Pulls Absolutely No Punches
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 […]