#corporate-takeovers

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Business
fromwww.cbc.ca
11 hours ago

Ebay rejects GameStop's bid, calling it 'neither credible nor attractive' | CBC News

eBay rejected GameStop’s $56 billion takeover bid due to doubts about deal financing credibility and attractiveness, while reaffirming confidence in its turnaround and growth under current management.
fromGameSpot
4 days ago

Cosplaying Gamers Will Raid EA HQ To Protest Saudi Arabia's $55 Billion Buyout

A movement known as the Players Alliance HQ has announced its intent to "raid" EA's headquarters on May 11 at 11 AM PT / 2 PM ET. The goal is to denounce Saudi Arabia's Public Investment Fund (PIF) buyout of the publisher, with cosplaying gamers planning to unravel a 50-foot scroll of over 70,000 petition signatures on the Madden football field at the center of the campus. There appears to be a whole performance involved in the protest as well, with gamers dressing in suits and top hats portraying the "corporate villains" behind the deal.
Video games
fromFortune
2 months ago

Time on his side: Michael Dell the real business icon as Icahn the activist recedes from view | Fortune

On one side stood Dell, fighting to take his eponymous company private and rebuild it away from the merciless glare of quarterly earnings calls. On the other stood famed activist raider Carl Icahn, who aggressively peddled a proposal amounting to purely destructive financial engineering at the cost of the company - a scheme involving stock buybacks, warrants for future shares, and ruthless plans to carve up Dell's creation for quick, extractive cash.
Business
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