Ryan Cohen
👤 SpeakerAppearances Over Time
Podcast Appearances
How are you guys?
Great to see you.
We made an offer yesterday.
125 bucks a share.
Half cash, half stock.
That was funny, wasn't it?
Well, I mean, frankly, when you think about me going and running the eBay business...
What we're proposing is for existing shareholders to take half of their investment off the table.
And that would be us providing them with $28 billion, which is like a 40% premium from when we started buying the stock.
And then they would be getting roughly...
I mean, it depends on ultimately when the transaction closes, but they would be rolling the rest into the combined company of GameStop and eBay.
Frankly, with me running eBay, I think that
The company, the earnings power of the company is going to increase substantially as well as the ability to grow.
The platform stagnated over the last decade and I could do a lot with eBay.
I love it.
That's a very strong business and that's right up my alley.
So where we've had success at GameStop and where eBay has had success is in collectibles, trading cards, collectibles.
The founder of your show was was talking about his Mont Blanc.
And I'm like, that's a good example.
That's interesting.