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    1. Starship_Taru on

      Is every company now just an investment capital firm in a trench-coat at this point?

    2. theassassintherapist on

      Wasn’t GameStop tethering near the brink of bankruptcy at few years back? How they come up with 56 billion?

    3. Unusual_Flounder2073 on

      Where is GameStop getting this kind of money. And is ebay really the future. Seems like buying blockbuster in 2000

    4. Not only have American companies given up on making things, now they’ve given up on selling things. Everybody wants to be a marketplace (Amazon, Walmart, etc.) where they get a cut of the sale without any stake in the actual product. 

    5. decidedlyaverag3 on

      For those baffled at this move: turns out there’s a pretty nice bonus for ole Ryan if he can boost GameStop valuation by (or to?) $100 billion this year. Best way to do that quick is an acquisition. I’m not sure eBay is gonna play ball, not sure why they would. I’d personally hate to see this guy get a payout for doing nothing good for GameStop or eBay.

    6. NeverInsightful on

      How?!? Their market cap is only $12 billion ?Are hedge funds and gulf nations going to loan them $45 billion to pull that off?

    7. First it was a games company, then an almost broke company, then a meme stock, now it is buying ebay. Quite a rollercoaster of a company.

    8. SomeGalNamedAshley on

      That’s 5 times GameStop’s market cap, how the heck does that work then?

    9. Memphisrexjr on

      They have „56 billion“ to buy ebay but can’t pay their employees.

    10. MyAccountWasBanned7 on

      I know money at this point is just an imaginary number on a screen and doesn’t actually mean anything, but fuck – people just don’t even pretend anymore!

      GS was about to go bankrupt but a bunch of redditors bought their stock as a joke and now they can somehow afford to buy one of the world’s biggest auction sites?

      Also, can we stop letting all the companies merge? Pretty soon every single good and service will be produced by one of just like four companies.

    11. Luckyluke23 on

      how the fuck can they afford to buy it? They are just going to load up Gamespot with debt and then declare bankruptcy on it. then move on to ebay.

    12. To simplify this – GameStop can raise cash through corporate bonds, debt financing through investment banks or using equity from their stock in the deal.

      The valuation for eBay won’t ever be based on their current stock price but will be based on the synergies that will come about from a merger or acquisition. The synergy costs cause the purchase price to be higher than current market value.

      It gives GameStop the chance to evolve as a company and combine their products with eBay’s large ecommerce business – the real question is if eBay would want to sell as they don’t really have a need to

    13. Honestly ebay was at its best right after it was started, when it was more of a site for random people to auction off the crap from their garage.

      But I’m sure it makes more money as a digital storefront for small businesses.

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