GameStop CEO Ryan Cohen is pressing eBay's board to seriously consider his $56 billion stock and cash takeover proposal. In a letter to eBay's chairman, Cohen stated the board should not reject his offer without genuine engagement and argued that shareholders deserve the chance to evaluate the bid.
Cohen's letter, reviewed by Reuters, came after eBay's board rejected his initial offer on Tuesday. The GameStop CEO revealed he had requested a meeting with the board but was declined.