GameStop Weighs Options After EBay Rejects $56B Takeover

TLDR EBay rejected GameStop’s $56 billion takeover offer and called the proposal neither credible nor attractive. The board said the half-cash, half-stock structure raised concerns about financing and execution. GameStop planned to fund the deal with $9.4 billion in cash and up to $20 billion in debt from TD Bank. Moody’s warned that the proposed [...]

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