@zerohedge Lmao. I can't believe these GME geniuses are hyping this eBay garbage. eBay is essentially just scammers and boomers now. Nobody with half a brain uses the platform.
@InTheAssembly The part worth slowing down on:
half of a $55.5B deal paid in $GME stock
At current prices that's roughly ~1B new GME shares being issued
Existing holders go from 100% of a $12B company to ~30% of the combined entity
Ryan Cohen just dropped the full proposal.
GameStop wants to buy eBay at $125 a share, 46% premium, $55.5B deal.
Half cash, half GME stock.
GME has been quietly building a 5% stake since February 4.
TD Securities already handed them a highly-confident letter for up to $20B in financing.
Here’s the actual thesis:
eBay spent $2.4 billion on marketing last year and only added 1 million new buyers.
Less than 0.75% growth.
Cohen wants to cut $2B in costs within 12 months of closing, $1.2B from marketing alone.
That alone takes eBay’s EPS from $4.26 to $7.79 in year one.
GameStop’s 1,600 retail locations become eBay’s national network for authentication and fulfillment.
Cohen gets no salary, no bonus, no golden parachute, paid purely on performance.
If the board says no, he goes directly to shareholders.
The man turned GME from a $381M loss in 2021 to $418M profit in 2025.
When we make a new move in the market, we will let you know.
Turn on notifications so you don’t miss our alerts, this is VERY important.
A lot of people will wish they followed us sooner.
Imagine being wrong about $GME every single fucking day and every single fucking month of every single fucking year and STILL thinking you're gonna be right about this too
Get absolutely, 100%, All the way fucked, you fucking fucks
Yeah, except my pin post has over 1 million views.
I noticed none of you can dispute what I’m saying.
I’m also long GME and I haven’t talked shit about it at all. I just don’t think buying eBay is a good idea or even possible.
It’s pretty sad when you gotta talk shit to engagement farm on other accounts that are larger than you.
I hate to say that this $EBAY deal is starting to look worse and worse, and could just be an excuse to dilute GameStop shareholders.
There’s 20 or 30 different companies that would be a much better acquisition for GameStop at these levels without a huge dilution occurring.
$BBY Best Buy is one of them.
Everybody seems to be under the impression that eBay is just gonna let Ryan Cohen walk in and take over the Board of Directors 🤣
I guarantee you eBay has special protections in place to prevent hostile takeovers …
$GME GameStop CEO Ryan Cohen has already built a ~5% stake in eBay and is offering to buy the rest at ~$125 per share in cash and stock
Cohen said he has a commitment letter from TD Bank to provide around $20 billion in debt financing to help make a deal possible
Source: WSJ
🚨🚨🚨SCOOP: @ryancohen's GameStop is offering to buy eBay for $125/sh, or $56 billion. GameStop has built a roughly 5% stake in eBay already. I spoke to Ryan Cohen exclusively about why he's pursuing this deal. $GME $EBAY
wsj.com/business/deals…