Menu

eBay To GameStop CEO Ryan Cohen: Um, No
🖼️
0

eBay To GameStop CEO Ryan Cohen: Um, No

Reading 0:00
15s threshold

from the playing-games dept It might be time to do a wellness check on GameStop CEO Ryan Cohen. We had just discussed Cohen’s announced bid to have GameStop buy eBay as part of an absolutely bizarre interview he did on CNBC’s Squawk Box. In that interview, Cohen attempted to explain how GameStop would buy the much more highly valued company, valued at $56 billion, through $20 billion in stock and another $20 billion in private investment with banking partners. If you’re still staring at those numbers trying to figure out where the typo is, don’t bother, there isn’t one. The typo exists only in Cohen’s head, since those numbers don’t match up to eBay’s valuation. Nobody but Cohen appeared to understand how any of this made any sense. It appears that eBay’s board felt likewise.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More