Cohen's eBay bid stalls as investor backing fails to materialize
TL;DR Summary
eBay's board will review Ryan Cohen's unsolicited $56 billion bid, but his awkward CNBC appearance hurt credibility and he has yet to win backing from major investors, leaving the bid largely DOA as shares hover near pre-announcement levels.
- Gamestop CEO Ryan Cohen’s unsolicited bid for eBay looks DOA Semafor
- GameStop Offers to Buy eBay for $56 Billion WSJ
- 'Big Short' investor Michael Burry confirms he's sold GameStop and says he's shorting Palantir Business Insider
- Traders are doubtful Cohen's GameStop can pull off monster eBay acquisition CNBC
- GameStop’s pursuit of eBay has analysts scratching their heads | CNN Business CNN
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