eBay rejects an unsolicited takeover proposal from GameStop, with the online retailer describing the offer as “neither credible nor attractive.” Multiple outlets report that GameStop submitted a nonbinding bid valuing eBay at about $55.5–$56 billion, pitched at $125 per share and structured as a mix of cash and GameStop stock. In response, eBay says it does not find the proposal compelling and casts doubt on the bid’s credibility and appeal. Analysts and investors cited questions about whether the transaction could be financed as proposed and about the strategic rationale for GameStop—particularly given the scale of the offer relative to eBay’s market value and the challenges of integrating businesses operating in different retail segments. Other coverage notes that eBay’s decision could prompt GameStop to pursue further pressure or a hostile approach, though no new formal action is reported in these accounts. The news also moves company shares: eBay shares fall in reporting from some outlets, while GameStop shares drop following the rejection. The proposal and eBay’s response reflect an ongoing dispute over the future of control of eBay.