eBay rejects GameStop’s $56 billion acquisition bid

| Photo by Brandon Bell/Getty Images eBay has officially rejected GameStop's offer to buy the online marketplace for $56 billion, citing concerns around "operational risks" and how the acquisition will be financed. In a letter to GameStop CEO Ryan Cohen on Tuesday, eBay's board of directors said it has "concluded that your proposal is neither credible nor attractive." "We have taken into account such factors as 1) eBay's standalone prospects, 2) the uncertainty regardin