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.

It’s still unclear how exactly GameStop, at a fraction of eBay’s size, would secure all the money needed for the transaction.