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GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it - Ars Technica
Overview
GameStop proposed a $56 billion acquisition of the much larger eBay despite its own falling revenue and store closures, and has struggled to explain how it would finance the takeover. eBay's board has rejected the unsolicited offer as not credible or attractive, reinforcing doubts about whether the proposal can be executed. Cohen's awkward public appearances and statements have further eroded confidence in the bid's feasibility.
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ORGArs TechnicaORGGameStopORGeBay
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