GameStop CEO Calls eBay Leadership a “Bunch of Losers” After Bid Rejection
BeInCrypto
GameStop CEO Ryan Cohen criticized eBay's board as a “bunch of losers” after they rejected his $55 billion takeover bid.Summary
GameStop CEO Ryan Cohen has publicly attacked eBay’s leadership, labeling them a “bunch of losers” after his $55 billion acquisition offer was rejected. eBay’s chairman, Paul Pressler, dismissed the bid as lacking credibility and citing excessive financial risks. Cohen claims the board rejected the 46% premium offer to protect their own compensation, while eBay maintains the plan is not viable. Despite skepticism from investors like Michael Burry and low market expectations, Cohen intends to continue his efforts to force a negotiation.
(Source：BeInCrypto)