eBay Rejects GameStop’s $56 Billion Takeover Proposal as Shares Slide
eBay rejected GameStop’s unsolicited $56 billion takeover proposal, sending GameStop shares lower as investors questioned the feasibility of the deal.
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Michael Burry Exits GameStop After Cohen’s eBay Bid, Warns on Debt Risks
Michael Burry sold his GameStop stake after Ryan Cohen’s proposed $55.5 billion eBay deal raised concerns over leverage. The investor warned against relying on debt-driven strategies.