https://archive.is/9oHMuRyan Cohen, CEO of GameStop, has made an unsolicited offer to acquire eBay for about $56 billion, proposing $125 a share. This offer represents a 20% premium over eBay’s recent closing price. Cohen asserts that eBay could be worth much more, aiming to turn it into a major competitor to Amazon.He revealed plans to finance part of the acquisition with a commitment from TD Bank for $20 billion. If eBay does not agree, Cohen is prepared to approach shareholders directly. He believes integrating GameStop with eBay could drastically cut costs and enhance earnings.Despite GameStop's smaller valuation at around $12 billion, Cohen’s aggressive strategy hinges on potential partnerships for funding. Some analysts remain skeptical, cautioning against disrupting eBay’s successful turnaround.
>>1511770Gebstay incoming.Igpay atinla?
Do those idiots even HAVE 56 billion dollars to spend? We all know that gamestop is struggling to keep its head above water.
>>1511798No but they have a plan>Cohen’s aggressive strategy hinges on potential partnerships for funding
>>1511799Never bought anything off eBay.I buy all my stuff off Temu.
>>1511770>>1511799I hope they get laughed out of the room. All of this only works with what is called a "Levered buyout". In short, powerful financiers behind the scenes are using Gamestop as collateral for an all-or-nothing buyout of ebay. It works, and Gamestop effectively eats all of the debt and either goes out of business. It doesn't work, and Gamestop continues sailing on with no real assets and is either closed or the CEO fired.You may have heard of levered buyouts from such classics as "Sears", "Toys r us", "Ebay". All companies that were fairly successful who got bought by a failing company to survive, and was then folded up while all of its shareholders laughed to the bank, its purpose in society never replaced as things got even shittier.You may be asking "Why would anyone agree to do this if both of the outcomes are bad for Gamestop AND Ebay?" Well, there's a good answer for that: https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Announces-Long-Term-Performance-Award-for-Ryan-Cohen/default.aspx>GRAPEVINE, Texas--(BUSINESS WIRE)-- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that its Board of Directors has granted a performance-based stock option award to Ryan Cohen, the Company’s Chairman and Chief Executive Officer. The award is designed to incentivize Mr. Cohen to achieve extraordinary growth. In order for the award to fully vest, the Company’s market capitalization would have to grow to $100 billion and the Company would need to achieve $10 billion in Cumulative Performance EBITDA (earnings before interest, taxes, depreciation and amortization).What a (((Cohen)))cidence that Ebay + Gamestop would equal about 100 billion! Cohen walks away with the money, Ebay + Gamestop collapses under the debt, we're left with no gamestop or ebay. The US Government, of course, does nothing. DON'T YOU LOVE AMERICA?
>>1511895> "Sears", "Toys r us", "Ebay".*K-Mart, meant to put KMart
It’s spelled coincidence you fucking spastic
>>1511895https://www.youtube.com/watch?v=VWG3npfEoHoI heard it through the GRAPEVINE
>>1511930In case you couldn't tell, "investor.gamestop.com", which is where that passage comes from, is the investor page for gamestop, which they're legally required to keep financially accurate, not the grapevine.
>>1511905Nah, it's spelled (((Cohen)))cidence. Named after all the Cohens that conveniently happen to be every place there's a looming financial disaster, such as Ryan Cohen who is the current CEO of gamestop.
>>1511895>>1511896This is why capitalism doesn't work.
>>1512050Cohen Bros make cool movies though
>>1511770They're $56 billion worth of determined to stop video games from changing hands without them getting a cut.
>>1511770Link to the eBay bid? I might throw in.
