GameStop CEO Ryan Cohen withdrew a $35 billion bonus plan, stating his focus is on the proposed eBay acquisition. This move follows eBay's previous rejection of GameStop's $56 billion bid and ongoing market skepticism regarding the financing of the deal.
GameStop's $55.5bn takeover bid for eBay has been rejected as 'neither credible nor attractive' due to concerns over funding and strategy
The ‘meme stock’ company is remembered for Reddit traders sending its share price into orbit but its move on the auction site looks less likely to take off“Neither credible nor attractive.” No, not a line from a junior minister’s resignation letter on Tuesday. It was eBay’s succinct appraisal of the bizarre $55.5bn (£41bn) takeover offer from video games retailer GameStop, an affair that offers light distraction from the sight of UK 10-year gilt yields at 5%-plus.To recap: GameStop is the “meme stock” company that became famous a few years ago when amateur traders on a Reddit forum piled in furiously in an attempt to burn the short-sellers who were betting on the struggling retailer’s demise. Surprisingly, the Redditers succeeded beyond their wildest dreams. The squeeze drove up GameStop’s share price hundredfold, inflicting hell on serious hedge funds and making the company’s chief executive, Ryan Cohen, an anti-establishment hero. Continue reading...
Gamestop-Chef Ryan Cohen erhält eine Absage von eBay für sein Übernahmegesuch. Der Verwaltungsratsvorsitzende von eBay, Paul Pressler, nannte das Angebot weder glaubwürdig noch attraktiv.
GameStop, eBay'i 56 milyar dolara satın alma teklifinde bulundu ancak eBay yönetimi teklifi reddetti. GameStop CEO'su Ryan Cohen, sinerji ve maliyet tasarrufu hedeflerken, Wall Street'te finansman detayları ve iş modellerinin farklılığı konusunda soru işaretleri bulunuyor.
eBay, GameStop CEO'su Ryan Cohen'in 55,5 milyar dolarlık satın alma teklifini reddetti. Şirket, teklifi inandırıcı ve cazip bulmadığını açıkladı.
eBay's Board has rejected GameStop's acquisition proposal, citing multiple concerns including financing uncertainty and potential negative impacts on long-term growth and profitability.
El CEO de GameStop lanza una oferta no solicitada de 56.000 millones por la plataforma de comercio electrónico, pero Wall Street duda de las cuentas
Ryan Cohen selling tube socks and baseball cards after offering $55.5bn, although source of funds remains unclearThe CEO of GameStop, Ryan Cohen, said he was selling vintage video games, baseball cards, GameStop merchandise and a $14,000 pair of tube socks to help fund the company’s proposed $55.5bn acquisition of eBay.His platform of choice? eBay, of course. Continue reading...
2021 rettet ein Reddit-Hype das Unternehmen Gamestop. Nun will der Chef des Videospiele-Händlers, Ryan Cohen, den legendären Onlineriesen Ebay kaufen. Die Übernahme klingt größenwahnsinnig und wäre höchst riskant. Gelingt sie, winkt ein Milliardengehalt.
Ryan Cohen said he didn’t understand questions about how the video games retailer could afford its $55.5bn bidSign up for the Breaking News US newsletter emailGameStop’s shares fell more than 10% on Monday as questions emerged about how the company would finance its surprise $55.5bn bid for eBay.In an interview with CNBC, Ryan Cohen, GameStop’s CEO, skirted repeated inquiries about how the video games retailer could afford the deal, saying he didn’t understand the questions. Continue reading...
GameStop proposes a $55.5 billion cash-and-stock takeover of eBay, disclosing a 5% stake and says CEO Ryan Cohen would lead the combined company.
GameStop-Chef Ryan Cohen plant einem Medienbericht zufolge ein Übernahmeangebot für eBay. Der Gebot soll rund 56 Milliarden Dollar in Bargeld und Aktien umfassen, bei einem Angebotspreis von 125 Dollar pro Aktie – ein Aufpreis von 20 Prozent auf den Schlusskurs. Die Finanzierung könnte durch Staatsfonds aus dem Nahen Osten erfolgen. Das Geschäft wäre ungewöhnlich, da GameStop mit zwölf Milliarden Dollar Börsenwert deutlich kleiner ist als eBay mit 46 Milliarden Dollar. Cohen will einen stärkeren Konkurrenten für Amazon aufbauen.
GameStop has confirmed a $56bn unsolicited takeover offer for eBay, with CEO Ryan Cohen claiming potential to make eBay a major Amazon rival worth 'hundreds of billions'. The offer values eBay at $125 per share, 20% above Friday's close. GameStop holds a 5% stake and has secured $20bn debt financing from TD Bank.
GameStop confirmed on Sunday it is making a $56bn unsolicited takeover offer for eBay. The offer values eBay at $125 per share, approximately 20% above its Friday closing price. GameStop CEO Ryan Cohen has built a 5% stake in eBay and believes the deal could transform eBay into a major competitor to Amazon.
Ryan Cohen, l'imprenditore noto per Chewy e GameStop, starebbe accumulando azioni di Carvana, la piattaforma online di auto usate valutata 46 miliardi di dollari. Il suo fondo ha 9 miliardi di dollari in liquidità pronti per un'operazione.
