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

The reaction may set in motion a hostile takeover attempt from GameStop.

In a letter from Chairman Paul Pressler, eBay’s board said that it had completed its review of GameStop’s offer and believes eBay is a “strong, resilient business.” ...

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

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

Shares of online retail giant eBay were up more than 4% Monday after GameStop, the video-game and fandom-culture retailer, launched an unsolicited $56 billion takeover bid. On Sunday, GameStop ...

At the end of last week, there were rumblings that GameStop would make a bid on eBay, a company roughly four times its size. Then on Sunday night, before markets opened this week, the gaming retailer ...

eBay Inc. EBAY rejected GameStop Corp.'s GME massive $56 billion buyout bid on Tuesday, dismissing the video game retailer’s aggressive takeover attempt as “neither credible nor attractive” in a ...

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 ...

Online marketplace eBay has rejected an offer from GameStop to buy the company for $55.5 billion, dealing a blow to the video game retailer’s ambitions to create a rival to Amazon.