eBay Tells GameStop We Good, Calls Unsolicited Bid “Neither Credible Nor Attractive

October Gallery Museum
Connecting People with Art since 1985
The announcement comes after GameStop’s CEO, Ryan Cohen, embarrassed himself when he failed to make sense of the proposed bid for eBay.
After considering GameStop’s offer, eBay flat out said N A H!
When news first broke that GameStop was making a legit, unsolicited bid to purchase eBay, financial analysts and everyone who knows GameStop is no longer the company it used to be were baffled by the decision.
Well, based on the New York Times reporting, while the company did acknowledge GameStop’s bid, they never took it seriously. They officially rejected the cash-and-stock deal reportedly worth about $55 billion, adding that they found the offer to be “neither credible nor attractive.”
Damn.
The announcement comes after GameStop’s CEO, Ryan Cohen, embarrassed himself when he failed to make sense of the proposed bid for eBay, in which he and his company offered $125 per share in a cash-and-stock deal. 
Cohen faced immediate pushback from experts because eBay is larger than the once-popular video game retailer, with a market cap of roughly $48 billion, while GameStop’s is about $10.3 billion.
“The Board, with the support of its independent advisors, has thoroughly reviewed your proposal and has determined to reject it,” Paul Pressler, the chairman of eBay’s board, said in a letter. “We have concluded that your proposal is neither credible nor attractive.”
Welp.
As expected, the jokes are flowing like the store credit GameStop loves to give its customers for the stuff they pawn at the company’s remaining retail locations.
The internet has no chill.
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eBay Tells GameStop We Good, Calls Unsolicited Bid “Neither Credible Nor Attractive was originally published on hiphopwired.com
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The October Gallery Museum places art in the community. Here are partner locations where you can have an art experience.
Some locations art is installed inside buildings and visits are during regular business hours. Other locations are by appointment only. Schools are not open to the public. In addition, we have many outdoor installations that you can enjoy around the clock. Check each location below for details. Tours are available upon request. 215-352-3114.
Here are some of our patrons that have donated art and art related items installed as part of our Art in the Community program. Thanks!
Watson and Sonia Brown
Stephanie Daniel
Chad Cortez Everett
Gail Gaines
Dr. Darryl J. Ford
Kelly R. Harrison
Deborah Kelly
Betty Ann D. Lawrence
David Lawrence
Leon McDuffie
Michael Muhammad
Jay R. Ogilvie
Marjorie H. Ogilvie
Junious Rhone, Sr.
Robin Rhone
Shirley Rhone
April Rice
Karen Roach
Monica Rocha
Steve Satell
Deborah Stephens
Staci Watson 
Stephanie R. West
Horace Wright

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Art and art related items may be returned to October Gallery in good condition within twenty (20) days of the purchase for store credit ONLY – unless otherwise stated on an invoice.
Items on layaway or even items paid for will be held by the gallery for no more than ninety (90) days from the original sale date. Refund is in store credit ONLY – unless other stated on an invoice.

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