Ebay will now pay Gamestop $53 million a year in dividends because they own 9.8% of the company
How hilarious. Paying for your own downfall
Ryan Cohen said there are also new investors interested in their acquisition of Ebay. This is devastating for Ebay
The narrative that they have a $20 billion loan from TD that is shaky and there would be endless dilution is in the mud. Absolutely cooked, done, caput, finito, Buenos noches, tatty bye
It is over for them. Gamestop is buying Ebay. Its like blockbuster coming from the ashes and buying Netflix
I know some people have been frustrated with the share price but any bearish outlook is over. What a move this is from Ryan Cohen and the board