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Game Over? GameStop CEO May Pull $56 Billion eBay Bid

Tyler Durden
Monday at 16:00
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Game Over? GameStop CEO May Pull $56 Billion eBay Bid

Game Over? GameStop CEO May Pull $56 Billion eBay Bid Anyone who took GameStop CEO Ryan Cohen's bid for eBay seriously should have reconsidered after his CNBC interview with Andrew Ross Sorkin in early May. When Sorkin pressed him on the basic math, Cohen failed to clearly explain how GameStop could finance the $56 billion deal or make the proposed cash-and-stock structure work. The interview raised more questions than it answered and pointed to the inevitable conclusion: the deal was never likely to happen from the start. Here's the most contentious part of Ryan Cohen's CNBC Squawk Box interview about the GameStop-EBAY acquisition. This is a HEATED back and forth, uncommon for financial news. $GME Sorkin, at one point is...

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