Many analysts questioned the deal, citing concerns about how GameStop would finance the transaction and the strategic rationale.

Shares of eBay are soaring before the opening bell Monday as Ryan Cohen’s GameStop pursues an approximately $56 billion takeover of company, seeing it as a vehicle to compete with online retail giant ...

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 ...

Shares of eBay and GameStop were rising Wednesday after the gaming company revealed it had increased its stake in eBay to 6.55%. The move signals GameStop CEO Ryan Cohen’s continued interest in taking ...

CNBC's Andrew Ross Sorkin reports on the latest news.

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Bay (NASDAQ:EBAY) has turned down a proposed $56 billion takeover offer from GameStop (NYSE:GME), citing concerns over the credibility and financing structure of the proposed transaction. The bid ...

GameStop CEO Ryan Cohen said he was making an unsolicited offer to buy eBay earlier this month. EBay may have shot down GameStop's $56 billion buyout offer this month, but the videogame retailer ...

The American gaming retailer GameStop has formally proposed a $56 billion (€47.8bn) acquisition of eBay, a move that would represent one of the most significant consolidations in the history of the ...

GameStop has offered to buy ecommerce giant eBay, a tie-up that the video game retailer’s boss believes could produce a “legit competitor” to Amazon.

Analysts and investors have doubted whether the bid from the US$12 billion videogame retailer for a company nearly four times its market value would close.

We have concluded that your proposal is neither credible nor attractive,” eBay Chairman Paul Pressler wrote in a letter to Cohen. Pressler said eBay’s board made its decisi ...