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Ryan Cohen

👤 Speaker
261 total appearances

Appearances Over Time

Podcast Appearances

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

How are you guys?

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

Great to see you.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

We made an offer yesterday.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

125 bucks a share.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

Half cash, half stock.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

That was funny, wasn't it?

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

Well, I mean, frankly, when you think about me going and running the eBay business...

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

What we're proposing is for existing shareholders to take half of their investment off the table.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

And that would be us providing them with $28 billion, which is like a 40% premium from when we started buying the stock.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

And then they would be getting roughly...

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

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.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

Frankly, with me running eBay, I think that

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

The company, the earnings power of the company is going to increase substantially as well as the ability to grow.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

The platform stagnated over the last decade and I could do a lot with eBay.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

I love it.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

That's a very strong business and that's right up my alley.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

So where we've had success at GameStop and where eBay has had success is in collectibles, trading cards, collectibles.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

The founder of your show was was talking about his Mont Blanc.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

And I'm like, that's a good example.

TBPN
FULL INTERVIEW: GameStop’s Ryan Cohen on Why He’s Buying eBay

That's interesting.

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