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GameStop’s CEO Ryan Cohen made a headline-grabbing $56 billion bid to buy eBay, despite GameStop being a fraction of eBay’s size. Chris and Andre break down Cohen’s awkward CNBC interview, the mysterious funding “gap” in the deal, and how the whole thing looks a lot like a classic private equity–style leveraged buyout rather than a serious growth plan.
By The Chris and Andre ShowGameStop’s CEO Ryan Cohen made a headline-grabbing $56 billion bid to buy eBay, despite GameStop being a fraction of eBay’s size. Chris and Andre break down Cohen’s awkward CNBC interview, the mysterious funding “gap” in the deal, and how the whole thing looks a lot like a classic private equity–style leveraged buyout rather than a serious growth plan.