The GuardianLean L·
GameStop hits the limits of credibility with $55.5bn eBay bid | Nils Pratley
The ‘meme stock’ company is remembered for Reddit traders sending its share price into orbit but its move on the auction site looks less likely to take off GameStop’s $55.5bn bid for eBay rejected as ‘neither credible nor attractive’ “Neither credible nor attractive.” No, not a line from a junior minister’s resignation letter on Tuesday. It was eBay’s succinct appraisal of the bizarre $55.5bn (£41bn) takeover offer from video games retailer GameStop , an affair that offers light distraction fro…
Read at The Guardian →
