Earlier quoted context omitted.
man, those GME bagholders are gonna love diluted shares.`
They can sell now and pocket some extra money. What's not to like?
you think all the bagholders are in at the current price?
GameStop makes $55.5B takeover offer for eBay
131–140 of 731 posts
Re: GameStop makes $55.5B takeover offer for eBay
#132Earlier quoted context omitted.
That sneaker company that pivoted to data centers set the 'weird' bar pretty high. GameStop has physical stores so could be a place to send, collect from or even verify high value eBay items.
Based on my own experience with GameStop, that will convince me to stop using eBay completely.
I'd be sad because eBay works great (even if their software is old and would need a complete rewrite).
Re: GameStop makes $55.5B takeover offer for eBay
#133The offer letter: https://www.sec.gov/Archives/edgar/data/1326380/000119312526...
Re: GameStop makes $55.5B takeover offer for eBay
#134Earlier quoted context omitted.
If I understand correctly, I think the collectibles market is more in line with what GameStop is looking at here. They recently got into the trading card game including grading services via PSA.
Is that market really that large? That sounds very niche, but I don’t know the collectible world
A quick google says 320 billion in 2025 and is projected to grow to over $535 billion by 2033. I didn't know it was that big but it makes sense. Gamestop has been all in in collectibles and eBay has a huge market on it as well. I think this is the play. Both companies being profitable doesn't make it a bad deal for the number one collectibles company in the world.
Re: GameStop makes $55.5B takeover offer for eBay
#135Earlier quoted context omitted.
They already increased total number of stock by +39% in last 12 months, GME will squeeze the last penny from those people.
… and the stock has not dropped 39%, in fact it’s trading about where it was a year ago. Shareholders have been content to let Cohen add to the balance sheet, adjust operations and make a large move. This is one such move. And GME is up 5+% in pre trading, so shareholders are generally positive about this idea.
the shareholders of GME operate under the delusion that there's gonna be another magic short squeeze.
Re: GameStop makes $55.5B takeover offer for eBay
#136Earlier quoted context omitted.
If I understand correctly, I think the collectibles market is more in line with what GameStop is looking at here. They recently got into the trading card game including grading services via PSA.
Is that market really that large? That sounds very niche, but I don’t know the collectible world
I have followed from side and it feels like NFT craze hot. With some parts like Pokemon cards being insanity with regular fights, people hiding in stores and so on.
It is a multi billion dollar market with Ebay being key secondary market with Gamestop angling for same.
Re: GameStop makes $55.5B takeover offer for eBay
#137Earlier quoted context omitted.
There is, literally, nothing fishy about this offer. It’s a cash and stock offer from a public company to public company shareholders. We could call the financial or shareholder benefits to ebay dubious (I don’t hold any opinion about this) but this is a very aggressive offer, and allows the chance for GME to keep some cash - if enough shareholders of ebay opt for stock, then they’ll have cash available after. Plus t…
TD Bank also believes it will work, i.e. return them a profit. They've seen the detailed plans and I haven't. But they're the ones with real skin in the game. It seems like an opportunity for them to lose their shirts. So yeah, eBay shareholders should take TD Bank's free money and run.
Or ignore the free money/destroy company offer and hold.
Re: GameStop makes $55.5B takeover offer for eBay
#1382021: a Reddit short squeeze kept GameStop from going under. 2026: GameStop is bidding $55B for eBay, a company 4x its size. If it lands, this might be the strangest full circle moment public markets have ever produced.
Is it still riding the meme stock wave or has GameStop made a turnaround?
Re: GameStop makes $55.5B takeover offer for eBay
#139is this for real? Or just to get gamestonks back into the news for another whirl on the wheel of meme?
They have managed to raise lot of money and don't have any proper ideas what to use it for. So this might not be worst possible way.
Re: GameStop makes $55.5B takeover offer for eBay
#140Earlier quoted context omitted.
> other than the should-be-illegal process of putting debt on the acquired company's balance sheet. This is silly. No different than buying a house w/ borrowed money based on using that house as collateral. Banks aren't stupid. If it's very likely to fail and the interest doesn't cover the risk, banks won't risk. There's typically no upside to banks. At best they get their interest and at worst they lose everything.
It is different. You need somewhere to live. Buying a second home with what would presumably need to be at least a 90℅ mortgage is at best questionable.
I think your example if proving their point: that's exactly what happens and is incredibly common.