GameStop Preparing Offer for eBay
1–10 of 81 posts
Re: GameStop Preparing Offer for eBay
#2Bed Bath and Beyond preparing offer for Costco /s
Re: GameStop Preparing Offer for eBay
#3Time ticks for everyone... One day some company will be buying the remains of Amazon.
Re: GameStop Preparing Offer for eBay
#4> GameStop, which had a market value of around $11 billion [...] EBay is several times GameStop’s size, with a market value around $45 billion as of Friday’s close.
> Details of the potential offer for eBay couldn’t be learned.
This appears to be an attention stunt, of which Cohen has done a few since GME became a meme stock.
Re: GameStop Preparing Offer for eBay
#5> GameStop, which had a market value of around $11 billion [...] EBay is several times GameStop’s size, with a market value around $45 billion as of Friday’s close. > Details of the potential offer for eBay couldn’t be learned. This appears to be an attention stunt, of which Cohen has done a few since GME became a meme stock.
Not necessarily a stunt if they’ve taken a meaningful stake. Smaller companies can acquire larger ones. Market cap reflects equity, not enterprise value. If the target has low debt, the deal can be financed with borrowing. The 1980s LBO wave, led by Michael Milken, is a clear precedent.
Re: GameStop Preparing Offer for eBay
#6> GameStop, which had a market value of around $11 billion [...] EBay is several times GameStop’s size, with a market value around $45 billion as of Friday’s close. > Details of the potential offer for eBay couldn’t be learned. This appears to be an attention stunt, of which Cohen has done a few since GME became a meme stock.
I’ve searched the net to find the example, but I remember this happening during the dot com era too…
Some unknown tiny company made an offer to takeover Yahoo (or some similar company)… the tiny company made headlines for a moment then disappeared again.
It was an example of dot com silliness.
Can’t for the life of me remember, and Google can’t seem to either.
Re: GameStop Preparing Offer for eBay
#7> GameStop, which had a market value of around $11 billion [...] EBay is several times GameStop’s size, with a market value around $45 billion as of Friday’s close. > Details of the potential offer for eBay couldn’t be learned. This appears to be an attention stunt, of which Cohen has done a few since GME became a meme stock.
Maybe but we have a recent sample of Paramount ($12b) acquiring WB ($62b).
Re: GameStop Preparing Offer for eBay
#8> GameStop, which had a market value of around $11 billion [...] EBay is several times GameStop’s size, with a market value around $45 billion as of Friday’s close. > Details of the potential offer for eBay couldn’t be learned. This appears to be an attention stunt, of which Cohen has done a few since GME became a meme stock.
Maybe but we have a recent sample of Paramount ($12b) acquiring WB ($62b).
That would be more accurately described as Larry Ellison (~$200b) acquiring WB.
Re: GameStop Preparing Offer for eBay
#9> GameStop, which had a market value of around $11 billion [...] EBay is several times GameStop’s size, with a market value around $45 billion as of Friday’s close. > Details of the potential offer for eBay couldn’t be learned. This appears to be an attention stunt, of which Cohen has done a few since GME became a meme stock.
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Re: GameStop Preparing Offer for eBay
#10> GameStop, which had a market value of around $11 billion [...] EBay is several times GameStop’s size, with a market value around $45 billion as of Friday’s close. > Details of the potential offer for eBay couldn’t be learned. This appears to be an attention stunt, of which Cohen has done a few since GME became a meme stock.
Maybe but we have a recent sample of Paramount ($12b) acquiring WB ($62b).
In that case though Paramount offloaded 25% to foreign wealth funds and had Larry Ellison willing to provide guarantee on(according to google) almost $50b of debt.
Ryan Cohen is rich but he's not that rich.