
Ebay rejects GameStop’s $56B bid over financing doubts

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eBay's board has rejected GameStop's $56 billion bid due to concerns over financing, high leverage, and governance issues. Following the rejection, GameStop's stock fell, while eBay's shares increased by over 12% in the past month. Analysts expressed doubts about GameStop's ability to finance the acquisition given its lower valuation compared to eBay.

