$GME GameStop Announces Private Exchange of $1.4 Billion of Convertible Senior Notes for Equity
Yeah, the tsunami is over 🌊
Do you think this was a big let down or is something cooking?
GameStop currently down -10.70%
GameStop $GME just announced it has made a $56 Billion unsolicited bid to acquire $EBAY
Ryan Cohen, the $GME CEO, has already built a 5% stake in eBay and is offering to buy the rest at $125 per share in cash and stock.
Ryan Cohen said he has a commitment letter from TD Bank to provide around $20 billion in debt financing to help make a deal possible as well.
If eBay isn’t receptive to the proposal, Cohen said he was prepared to run a proxy fight and take his offer directly to shareholders.
A country run by banks will
always be in debt
Healthcare run by Big Pharma
will never cure disease
A state run by war
will never know peace
A nation run by media
will never know the truth