eBay has rejected GameStop's ambitious takeover offer of $56 billion, labeling it as 'neither credible nor attractive.' The proposal, made last week, included a bid of $125 per share, which is a 20% premium over eBay's current stock price. GameStop, valued at approximately $11 billion, is seeking to acquire eBay, which has a market capitalization of around $45 billion. The offer consists of half cash and half GameStop stock, but GameStop would need to borrow $20 billion to finance the deal. eBay expressed concerns regarding the feasibility of the financing and the associated debt. This bold move is partly motivated by GameStop CEO Ryan Cohen's potential to earn $35 billion in stock if he can boost GameStop's market value to $100 billion, a goal that such an acquisition could facilitate.