John Foley
👤 Speaker
224
total appearances
Appearances Over Time
Podcast Appearances
Unhedged
Can GameStop buy eBay?
If his challenge is now to prove or convince them that he has a plan and would be really good at creating value and cutting costs.
Unhedged
Can GameStop buy eBay?
And if he is, then actually the maths of the deal look pretty good.
Unhedged
Can GameStop buy eBay?
Even if he doesn't manage to cut any costs, on paper, he would be paying eBay shareholders about $3 or $4 billion for the privilege of becoming CEO of the company.
Unhedged
Can GameStop buy eBay?
I mean, you'd end up with similar results.
Unhedged
Can GameStop buy eBay?
The problem there as an eBay shareholder is that
Unhedged
Can GameStop buy eBay?
You'd have less leverage, but you'd be paying.
Unhedged
Can GameStop buy eBay?
I think that's called a Pac-Man defense, is it?
Unhedged
Can GameStop buy eBay?
By the way, as a journalist who's been covering M&A for like 20-odd years, the Pac-Man defense comes up frequently.
Unhedged
Can GameStop buy eBay?
It's like, oh, what if they did a Pac-Man defense?