Image: CNBC (screenshot)

GameStop, a meme stock valued at $10bn, made an offer to buy online retailer eBay, valued at $50bn. The game company hardly seems in good health as it is, and that was before GameStop CEO Ryan Cohen gave a bizarre interview in his Jensen Huang dad jacket, which led to speculation that he was intoxicated , has suffered brain damage , is a stupid weirdo , or playing multidimensional chess . After very careful consideration, eBay has declined the generous offer.

"We have concluded that your proposal is neither credible nor attractive," eBay's chairman, Paul Pressler, wrote in a letter to Cohen, before outlining six factors influencing the decision.

They were:

"EBay's standalone prospects."

"The uncertainty regarding your financing proposal."

"The impact of your proposal on eBay's long-term growth and profitability."

"The leverage, operational risks, and leadership structure of a combined entity."

"The resulting implications of these factors on valuation."

"GameStop's governance…