$GME $EBAY - GAMESTOP CEO COHEN ESCALATES EBAY TAKEOVER BID GameStop CEO Ryan Cohen renewed his push to acquire eBay after his $56B offer w…
$GME $EBAY - GAMESTOP CEO COHEN ESCALATES EBAY TAKEOVER BID
GameStop CEO Ryan Cohen renewed his push to acquire eBay after his $56B offer was rejected by the company’s board.
In an interview, Cohen criticized eBay’s structure, saying it is “literally obese” and “extremely overweight,” arguing there are major opportunities for cost-cutting.
eBay dismissed the bid as “not credible or attractive,” while Cohen said rejection was expected and vowed to “do everything” needed to pursue a deal.
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