this post was submitted on 06 May 2026
137 points (97.2% liked)

Technology

84422 readers
4896 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
137
GameStop stock sinks after surprise $56B eBay takeover bid, CEO Ryan Cohen's combative CNBC interview (www.cnbc.com)
submitted 22 hours ago by sanitation@lemmy.radio to c/technology@lemmy.world
35 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] homesweethomeMrL@lemmy.world 8 points 20 hours ago

The proposal raises immediate questions about financing. GameStop's market value is only a fraction of the roughly $56 billion implied deal size, and while the company has lined up a $20 billion financing letter from TD Bank, the funding gap remains substantial.

Cohen offered limited clarity on the structure during what at times was a combative and awkward interview, repeatedly directing viewers to the company's website for details. 

"We are offering half cash, half stock, and we have the ability to issue stock in order to get the deal done. But the full details of the offer are on our website," Cohen said. "We will see what happens."

The black leather jacket is not helping