GameStop CEO Considering Withdrawal of eBay Takeover Bid
19 Articles
19 Articles
GameStop CEO Ryan Cohen mulls dropping $56B eBay takeover bid: report
Cohen – who became a favorite of retail investors as GameStop rose to “meme stock” prominence – is instead considering proposing a partnership that would allow eBay access to GameStop’s base of approximately 1,600 US stores, Bloomberg reported, citing people familiar with the matter.
The GameStop controller, Ryan Cohen, is considering withdrawing the $56 billion offer from the eBay video game retailer and may instead seek a partnership or joint venture with the e-commerce company, informed Bloomberg News on Monday (10), citing people familiar with the subject. Cohen evaluates a proposal that would allow eBay to take advantage of approximately 1,600 GameStop physical stores in the United States, which can help both companies …
(New York = Yonhap News) Correspondent Lee Ji-heon = U.S. video game distributor GameStop withdraws its $56 billion (approximately 80 trillion won) acquisition proposal to eBay...
The game dealer is probably considering an alternative to his takeover offer for Ebay. According to a Bloomberg report, CEO Ryan Cohen examines another form of cooperation.
GameStop weighing withdrawal of eBay bid, Bloomberg News reports
Coverage Details
Bias Distribution
- 58% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
