eBay board says unsolicited $56bn takeover offer from much smaller 'meme' retailer GameStop 'neither credible nor attractive'

Ebay, whose market capitalization is four times that of Gamestop, highlighted the “uncertainty” around the “financing proposal” for the $56 billion unsolicited bid.

EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller GameStop on doubts over the financing of the deal.