eBay Rejects GameStop’s 83 Trillion Won Takeover Bid Amid Funding Questions

E-commerce company eBay has rejected an 83 trillion won takeover proposal from video game retailer GameStop. According to reports by Bloomberg and Yonhap News on the 12th local time, eBay’s board, including Paul Pressler, raised questions about the financing plan tied to the offer. The proposal drew attention as a major attempted deal between companies in e-commerce and game retail, but eBay’s refusal has lowered the likelihood of a transaction. The next issue is whether GameStop will strengthen its funding plan and pursue the proposal again. Source: mk.co.kr