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.
Gamespot
- Entities
- Business Strategy
- GameStop
- eBay
- Michael Burry
- Mergers and Acquisitions
- Ryan Cohen
- Jamie Iannone
- Halo 3
Original source
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