GameStop CEO Ryan Cohen leans into the spin in confusing eBay acquisition

5 days ago 2
the eBay logo appears on a smartphone screen with the GameStop logo in background

GameStop CEO Ryan Cohen surprised the business world on May 3 when he announced that GameStop was making a bid to acquire eBay for $55 billion.

The news raised an obvious question: How could GameStop, valued at roughly $12 billion, afford to buy eBay?

In a now-viral CNBC interview on Monday, Cohen declined to answer this riddle, and the interview only raised more questions about the acquisition.

In Source: https://mashable.com/article/gamestop-ceo-ryan-cohen-ebay-acquisition-antics

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