SHARE

eBay board rejects GameStop’s $55.5bn unsolicited takeover bid

eBay’s board has rejected the unsolicited takeover proposal, calling it neither credible nor attractive due to financing uncertainties. GameStop CEO Ryan Cohen had threatened to take the offer directly to shareholders despite a $16bn funding shortfall.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.