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GameStop CEO Drops $35B Bonus to Chase eBay Bid

1 min read
Source: Kotaku
GameStop CEO Drops $35B Bonus to Chase eBay Bid
Photo: Kotaku
TL;DR Summary

GameStop CEO Ryan Cohen reportedly forfeits a $35 billion incentive tied to boosting the company's value to focus on pursuing an acquisition of eBay, a plan eBay has said is not credible or attractive. The move comes after Cohen’s leadership shift and while GameStop sees improved quarterly results, it has also shuttered stores and cut jobs, leaving investors wary amid ongoing stock volatility.

Topics:business#acquisition#ebay#gamestop#industry-news#memestock#ryan-cohen
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  1. GameStop CEO Abandons $35 Billion Bonus To Concentrate On…Oh For Crying Out Loud…Buying eBay  Kotaku
  2. GameStop CEO Cohen spurns $35 billion pay plan to focus on plan to buy eBay  Reuters
  3. GameStop CEO Drops $35 Billion Pay Plan to Focus on eBay Bid  Bloomberg
  4. Dear GameStop Stock Fans, Mark Your Calendars for July 7  Yahoo Finance
  5. GameStop CEO Cohen spurns $35 billion pay plan to focus on eBay deal  CNBC

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