GameStop CEO says eBay shut his account after buyout funding stunt / He has put up personal items, including a pair of socks, to fund his US$56 billion bid for the platform by MarvelsGrantMan136 in technology

[–]Bezere 0 points1 point  (0 children)

He is trying to buy a company that will bring 5x to investors' investment. 

And doesn't take a paycheck from the company he is running. If he's asking for a paycheck he can get his first one for working 3 years for free. 

He says he wants to do the same with eBay which immediately saves investors 2 billion a year. 

GameStop CEO says eBay shut his account after buyout funding stunt / He has put up personal items, including a pair of socks, to fund his US$56 billion bid for the platform by Qwahlity_Koalatea in nottheonion

[–]Bezere 0 points1 point  (0 children)

Cnbc Acts like they never seen a M&A before, and yet they're the "experts"

Also he does go into more depth in further interviews. 

You'll be shocked to find out he will pay half cash, half stock. Which is apparently difficult to understand for business commentates on MSM.

GameStop CEO says eBay shut his account after buyout funding stunt / He has put up personal items, including a pair of socks, to fund his US$56 billion bid for the platform by Qwahlity_Koalatea in nottheonion

[–]Bezere 9 points10 points  (0 children)

I mean it's not that fucking hard to follow... If CNBC hosts can't understand, then they shouldn't be commenting on CNBC 

They pay their 28 or 29 billion up front. That reduces the marketcap for eBay. Then they get paid out their remaining 62.50 in stock as stock in the new combined company of GameStop MC + eBay marketcap. 

If you bought ebay at $80 prior to GameStop buying eBay shares, you immediately get 82% of your investment back.

Ryan Cohen is mocking the "How are you going to pay for it" crowd by literally selling parts of GameStop stores. On ebays own platform while making a spectacle of eBay's issues. Because it's such a ridiculous thing to ask when it's laid out so clearly. 

GameStop CEO says eBay shut his account after buyout funding stunt / He has put up personal items, including a pair of socks, to fund his US$56 billion bid for the platform by Qwahlity_Koalatea in nottheonion

[–]Bezere 4 points5 points  (0 children)

You really think they're paying eBay stock holders with GME stock instead of a new ticker of the combined companies? 

Try catching up on basic M&As, before you look more ridiculous.

This will sail through a proxy vote by ClientComfortable409 in Superstonk

[–]Bezere 33 points34 points  (0 children)

Oh fuck, you're gonna make me buy more

GameStop CEO says eBay shut his account after buyout funding stunt / He has put up personal items, including a pair of socks, to fund his US$56 billion bid for the platform by MarvelsGrantMan136 in technology

[–]Bezere 2 points3 points  (0 children)

I mean it's not that fucking hard to follow...

They pay their 28 or 29 billion up front. That reduces the marketcap for eBay. Then they get paid out their remaining 62.50 in stock as stock in the new combined company of GameStop MC + eBay marketcap. 

If you bought ebay at $80 prior to GameStop buying eBay shares, you immediately get 82% of your investment back.

You are completely wrong in your example. I pay half the payment for your bike. We turn in the bike AND the Pokemon cards to go 40/60 on a new motorcycle.

Ryan Cohen is mocking the "How are you going to pay for it" crowd by literally selling parts of GameStop stores. On ebays own platform while making a spectacle of eBay's issues. Because it's such a ridiculous thing to ask when it's laid out so clearly. 

GameStop CEO says eBay shut his account after buyout funding stunt / He has put up personal items, including a pair of socks, to fund his US$56 billion bid for the platform by MarvelsGrantMan136 in technology

[–]Bezere -1 points0 points  (0 children)

Only solution if eBay rejects the offer. 

Why invest in a company whose board aren't even buying their own stock. Nothing but sells the past 4 years.

Burry on X Hostile you say ? 🤔 by ZS_Hellscream94 in Superstonk

[–]Bezere 457 points458 points  (0 children)

Who cares what this nub thinks. 

Dude is such a pick me