According to ChainCatcher, eBay rejected GameStop’s approximately $56 billion acquisition offer on May 4, citing it as “neither credible nor attractive.” GameStop CEO Cohen had proposed acquiring the online marketplace at $125 per share in cash and stock, while noting the company already holds about 5% of eBay’s shares.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Wells Fargo Raises Nvidia Target Price to $315 from $265 on May 12
According to BlockBeats, Wells Fargo raised its Nvidia (NVDA.O) price target to $315 from $265 on May 12.
GateNews7m ago
Bakkt's Crypto Revenue Drops 77% in Q1 2026, Shifts Focus to Stablecoin Infrastructure
According to Bakkt's Q1 2026 earnings report, the company's crypto services revenue fell 77% year-over-year to $243.6 million from $1.07 billion in the prior year period. The company reported a net loss of $11.7 million, or $0.41 per share. Bakkt is pivoting from crypto trading infrastructure to
GateNews13m ago
Shenwan Hongyuan Subsidiary Lists 3.1 Billion Yuan Tech Innovation Bond on Shenzhen Exchange on May 11
According to Shenwan Hongyuan's announcement, the company's subsidiary Shenwan Hongyuan Securities listed its 2026 technology innovation corporate bond (Series 1) on the Shenzhen Stock Exchange on May 11,
GateNews18m ago
Goldman Sachs Partner Compares U.S. Stock Valuations to 2000 Bubble, Advises Embracing Rally on May 12
Goldman Sachs partner Rich Privorotsky commented on May 12 that current U.S. stock price movements bear resemblance to the 2000 tech bubble, though underlying earnings fundamentals are substantially stronger this time. According to his client report, calling market peaks during bubble formation is f
GateNews50m ago
Deutsche Bank Raises Intel Target Price to $100 From $63 on May 12
Deutsche Bank raised its price target for Intel (INTC) to $100 from $63 on May 12.
GateNews51m ago
Bernstein Maintains $190 CRCL Target as $222M ARC Presale Offsets Rate Pressure
Bernstein analysts maintained an Outperform rating on Circle Internet Group (CRCL) with a $190 price target on Tuesday, citing a $222 million ARC token presale and resilient USDC supply growth as offsets to declining interest income, according to The Block. Circle shares closed at $131.76 on
CryptoFrontier1h ago
