"Cohen's answer? Yeah, still waiting on that, because he genuinely didn't seem to understand the question. GameStop is currently valued at a pretty spurious $11 billion, while eBay is roughly $47 billion."
"The only feasible one would be to dilute GameStop stock to the detriment of its shareholders, and Cohen either doesn't know this, or isn't willing to voice it."
"In a six-minute interview with CNBC's Andrew Ross Sorkin, Cohen gave a series of mostly incoherent responses to the most basic questions, unable to provide any decipherable reasons."
GameStop's potential acquisition of eBay is viewed as unrealistic due to significant financial discrepancies. GameStop is valued at $11 billion, while eBay's valuation is around $47 billion. CEO Ryan Cohen's interview revealed a lack of understanding regarding funding for such a purchase. Despite a claimed $20 billion financing promise, GameStop would still need an additional $14 billion. Cohen's responses during the interview were incoherent, failing to provide a clear rationale for the acquisition, and eBay has shown no interest in being bought.
Read at Kotaku
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