Jordi Hays

Anyway, Paul is fantastic.

Yeah.

And Ryan wrote this letter to him yesterday saying, GameStop is proposing to acquire all common stock of eBay at $125 per share.

We have accumulated a 5% economic stake in eBay through derivatives and beneficial ownership.

of common stock and are filing a Schedule 13D and HSR notification tomorrow.

Our offer is $125 per share, comprising 50% cash and 50% GameStop common stock, which we will get to in just a little bit because Ryan Cohen discussed this on CNBC this morning.

That represents a 46% premium to eBay's unaffected closing price on February 4th, 2026, the day GameStop started accumulating its position in eBay.

And blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah.

But let's go straight to the CNBC.

Do you think he was expecting this to go out on Sunday, Monday, GameStop stock to pop like crazy?

Yeah.

And it's actually down today.

So the tough thing is he took this offer to Paul, chairman of the board.

Yeah.

now Paul has to look at this and be like, okay, is this a real offer?

And I imagine Paul will watch CNBC and that's not going to give anyone a lot of confidence.

The tough thing is like, I'm, I'm wondering, I'm wondering what, uh, Ryan, you know, eBay is an incredible business.

It's been remarkably durable.

They've faced an onslaught of competition for every single category from sneakers to watches to

are to name any cars, right?