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GameStop CEO Ryan Cohen discusses eBay takeover bid, and the world is confused

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Key summary

2 min read
  1. GameStop made an unsolicited $55 billion offer to buy eBay, saying the deal would use cash, stock, and financing.

  2. Ryan Cohen later gave unclear interview answers about the math, adding skepticism about how the smaller company could fund such a large takeover.

  3. eBay said it would review the proposal and noted it had not previously engaged with GameStop.

  4. The unusual bid would be a major takeover by a much smaller company, making the financing details especially important.

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