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GameStop (GME) CEO Ryan Cohen made an offer to buy eBay (EBAY), which was rejected. Hennion & Walsh chief investment officer Kevin Mahn and Yahoo Finance Senior Reporter Brooke DiPalma chat with Yahoo Finance Executive Editor Brian Sozzi about eBay's stock and earnings performance, contrasting Cohen's claims.

GameStop stock slips following eBay's formal rejection on its takeover bid.

Cisco beats expectations, Micron tops $900 billion valuation, Fervo Energy makes its market debut, and more news to start your day.

GameStop (NYSE:GME) chief executive Ryan Cohen has renewed his threat to launch a hostile takeover bid for eBay (NASDAQ:EBAY) after the company rejected his acquisition proposal earlier this week, according to a report from the Financial Times on Wednesday. According to the report, Cohen sent a letter on Wednesday to eBay chairman Paul Pressler criticizing the company’s decision to dismiss the unsolicited $125-per-share proposal without engaging in detailed discussions.

Secondhand platform eBay has rejected a proposal from GameStop, which sought to acquire a 100% stake in the site calling the offer “neither credible nor attractive”.

In an email to eBay chair Paul Pressler, GameStop CEO Cohen expressed disapproval at the board's refusal to engage with GameStop's proposal or even agree to a meeting.

GameStop CEO Ryan Cohen called eBay leadership 'a bunch of losers' after his $55 billion takeover bid was rejected.

One day after eBay Inc. (NASDAQ:EBAY) dismissed the $56 billion takeover proposal as "neither credible nor attractive," GameStop Corp. (NYSE:GME) CEO Ryan Cohen fired back in a letter to Chairman Paul Pressler and in an interview with Piers Morgan, criticizing management and signaling he may intensify his efforts. Cohen Challenges eBay Leadership After Rejected Buyout Offer In the letter, Cohen argued that shareholders — not the board — should decide the fate of his $125-per-share bid, Reuters r

GameStop Corp. (NYSE:GME) CEO Ryan Cohen is making his clearest case yet for why he wants eBay Inc. (NASDAQ:EBAY), framing the proposed deal as a chance to transform one of the largest e-commerce platforms in the U.S. under an owner-operator model. GME stock is moving. See the chart and price action here. Cohen joined Anthony Pompliano on the "From the Desk of Anthony Pompliano" podcast and explained why he wants to acquire eBay. FULL INTERVIEW: @ryancohen explains his plan to acquire eBay.He un

For years, meme stocks were largely driven by narrative, momentum and internet-fueled speculation. Former Goldman Sachs Group, Inc. (NYSE:GS) and JP Morgan Chase & Co (NYSE:JPM) executive Chan Ahn believes a future tokenized SpaceX market could look very different — and potentially much bigger. • Goldman Sachs Group stock is trading at elevated levels. Where are GS shares going? In an exclusive interview with Benzinga, the Tessera PE CEO argued that a tokenized version of Elon Musk's SpaceX coul

GameStop CEO Ryan Cohen made an ambitious bid for eBay, a company nearly four times the size of his own. eBay's board wasn't impressed.

Morgan Stanley sees several paths for takeover fight ahead

This marks the end of a short-lived takeover bid for a global e-commerce leader, more than a week since GameStop's proposal worth nearly $56 billion.

One pack contains a card worth $68,000, but your odds of getting it are ridiculously slim.

When eBay roundly rejected a takeover approach from GameStop on Tuesday, one reason was its suitor’s governance. True, it was the sixth reason...

When eBay roundly rejected a takeover approach from GameStop on Tuesday, one reason was its suitor’s governance. True, it was the sixth reason...

GameStop (NYSE:GME) submitted an unsolicited US$56b all stock bid to acquire eBay, which eBay's board rejected as neither credible nor attractive. eBay cited concerns about financing, execution risk, and corporate governance, while GameStop has requested an increase in authorized shares, drawing attention to how any large deal might be funded. High profile investor Michael Burry exited his entire position in GameStop after the bid surfaced, adding to questions about the company’s direction...

Semis took a breather, and so did stocks. A reversal for the semiconductor sector brought the market to a standstill. The S&P 500 fell 0.2%, and the Nasdaq composite dropped 0.7%. The Dow Jones Industrial Average added just 56 points, or 0.

GameStop needs a lot of help if it wants to buy eBay. The video game retailer’s stock has lost more than $20 billion in value since their 2021 peak.

<body><p>STORY: :: eBay</p><p>EBay on Tuesday rejected a $56 billion takeover bid from the much smaller GameStop.</p><p>Chairman Paul Pressler said in a statement that the proposal was "neither credible nor attractive."</p><p>He also pointed to other concerns regarding the bid, including its financing, its impact on eBay's long-term growth and the leadership structure of a potentially combined company.</p><p>:: eBay</p><p>Pressler added that&nbsp;"eBay's Board is confident the company, under its current management team, is well-positioned to continue to drive sustainable growth."</p><p>GameStop did not immediately respond to a request for comment.</p><p>Last week, the videogame retailer's CEO, Ryan Cohen, surprised Wall Street with his bid, which included a $20 billion debt financing commitment from TD Bank.</p><p>:: eBay</p><p>But analysts and investors have doubted whether the half-cash, half-stock bid would succeed.</p><p>:: eBay website</p><p>Cohen, who has built a 5% stake in eBay, has signaled he may be ready to take the offer directly to shareholders.</p><p>Shares in eBay closed up over 2% on Tuesday, while GameStop fell over 3%.</p></body>

What Happened in Markets Today Semis took a breather, and so did stocks. A reversal for the semiconductor sector brought the market to a standstill. The S&P 500 fell 0.2%, and the Nasdaq composite dropped 0.

EBay called GameStop's takeover bid 'neither credible nor attractive.'

Deal or no deal, GameStop's recent bid to buy eBay is good news for the e-commerce company's stock.

Consumer stocks were mixed late Tuesday afternoon with the State Street Consumer Staples Select Sect

Consumer stocks were mixed Tuesday afternoon, with the State Street Consumer Staples Select Sector S

eBay's board rejected GameStop's $56 billion takeover bid, calling it "neither credible nor attractive." Now questions are growing over whether CEO Ryan Cohen will sell the company's $368 million bitcoin position to make the deal look more credible. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

Another big L for Ryan Cohen.