Cohen Says He Isn’t Passionate About GameStop, Eyes eBay Takeover
TL;DR Summary
GameStop CEO Ryan Cohen says he wasn’t passionate about GameStop and is pursuing a bid to take over eBay, proposing a mix of cash and stock but lacking the cash to fund a roughly $56 billion offer with only about $9.4 billion in assets. He’s begun selling GameStop memorabilia on eBay to raise funds, but the plan faces uphill odds as eBay remains healthy while GameStop continues to struggle with store closures and shrinking international operations.
- Ryan Cohen Says He ‘Isn’t Passionate’ About GameStop As He Makes Desperate Bid For eBay Kotaku
- eBay bans GameStop CEO’s account after he started listing store signs and old carpets to fund his $56 billion offer to buy the marketplace Yahoo Finance
- Ryan Cohen tells us why he's serious about buying eBay — and what he thinks about his viral CNBC interview Business Insider
- Ryan Cohen's mysterious bank letter backing GameStop's eBay bid reveals a big issue with deal CNBC
- With eBay Bid, GameStop C.E.O. Baffles His Fans and Wall Street The New York Times
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