GameStop hits the limits of credibility with $55.5bn eBay bid | Nils Pratley

The ‘meme stock’ company is remembered for Reddit traders sending its share price into orbit but its move on the auction site looks less likely to take offGameStop’s $55.5bn bid for eBay rejected as ‘neither credible nor attractive’“Neither credible nor attractive.” No, not a line from a junior minister’s resignation letter on Tuesday. It was eBay’s succinct appraisal of the bizarre $55.5bn (£41bn) takeover offer from video games retailer GameStop, an affair that offers light distraction from th...