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GameStop Corp., led by Chief Executive Officer Ryan Cohen, is considering withdrawing its $56 billion bid for eBay Inc., according to people familiar with the matter.
EBay Inc. reported second-quarter sales and profit that beat expectations, boosting confidence that its purchase of used clothing marketplace Depop strengthens its position against upstart Vinted.
EBay Inc. reported a solid second quarter but said its purchase price for second-hand clothing marketplace Depop was $200 million more than initially announced, which could weigh on earnings in the current period.
GameStop has disclosed that it has raised its stake in eBay to 10%, which is roughly double the amount it owned in May. This move comes after eBay's board rejected GameStop's takeover bid, indicating that Ryan Cohen is preparing for a bigger fight.
GameStop has disclosed that it has raised its stake in eBay to 10%, which is roughly double the amount it owned in May. This move comes after eBay's board rejected GameStop's takeover bid, indicating that Ryan Cohen is preparing for a bigger fight.
GameStop has disclosed that it has increased its stake in eBay to 10%, roughly double the amount it owned in May. This move comes after eBay's board rejected GameStop's takeover bid, indicating that Ryan Cohen is preparing for a bigger fight.
GameStop has disclosed that it has raised its stake in eBay to 10%, which is roughly double the amount it owned in May. This move comes after eBay's board rejected GameStop's takeover bid, indicating that Ryan Cohen is preparing for a bigger fight.
GameStop has revealed in a regulatory filing that it owns 9.8% of eBay. This move comes after GameStop's unsolicited $56 billion offer for eBay was rejected.
GameStop 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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GameStop CEO Ryan Cohen mulls dropping $56B eBay takeover bid: report