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EBay Turns Down GameStop’s $55.5 Billion Takeover Proposal

By Andrew Moran EBay has turned down videogame retailer GameStop’s $55.5 billion takeover proposal. The online marketplace, in a May 12 letter, called GameStop’s acquisition offer “neither credible nor attractive.” “The Board, with the support of its independent advisors, has thoroughly reviewed your proposal and has determined to reject it,” Paul Pressler, the chairman of […]

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