After eBay rejected takeover bid, Analysis-Wall Street awaits GameStop CEO Cohen’s next move
Corroborated by 2 sources from 2 publishers
usbusiness4d ago
TL;DR
Reports differ across sources; according to finance.yahoo.com, by Svea Herbst-Bayliss and Abigail Summerville NEW YORK, May 27 (Reuters) - GameStop CEO Ryan Cohen shared few details when he said he would do "whatever we need to do" to buy eBay after the e-commerce company rejected his $56 billion unsolicited takeover bid as "neither credible nor attractive." Invest in Gold Cohen raised more questions on Wall Street with vague answers in recent interviews to questions about how he would pay for eBay, a company nearly five times the size of his own.