GameStop CEO Selling GameStop Stuff On Ebay To Fund Buyout Of Ebay
GameStop CEO Ryan Cohen is attempting to acquire eBay for over $50 billion and has listed GameStop-related items on eBay, including store signs and a Halo 3 flag, to help fund the buyout. Cohen claims this is a way to pay for eBay and pokes fun at skepticism surrounding his leveraged deal proposal. Market figures like Michael Burry have expressed doubts about the financial feasibility of the acquisition.
- Entities
- Topic: Business Strategy
- Company: GameStop
- Company: eBay
- Person: Michael Burry
- Topic: Mergers and Acquisitions
- Person: Ryan Cohen
- Person: Jamie Iannone
- Game: Halo 3
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