GameStop’s $56 Billion Bombshell: Ryan Cohen Proposes to Buy eBay at $125 Per Share
Ryan Cohen promises $2B in cost cuts and huge growth.
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Ryan Cohen promises $2B in cost cuts and huge growth.
Berkshire Hathaway hits a record $397B cash pile in Greg Abel’s first quarter as CEO; profits rise, but few big deals and earnings are boosted by market swings.
The board meeting ended with no agreement to rescue the company. The White House had proposed $500 million in financing for a 90% equity stake.
GameStop plans to buy eBay to grow big. CEO Ryan Cohen wants to turn it into a $100B company using its strong cash position.