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Barchart
Barchart
Aditya Raghunath

Ryan Cohen Plans Aggressive Push to Buy eBay. GameStop’s Balance Sheet Says He Has the Firepower to Make It Happen.

GameStop (GME) CEO Ryan Cohen is not backing down. He wants to buy eBay (EBAY) and is prepared to take the case directly to the company shareholders if the board keeps saying no.

For investors trying to figure out whether this is a serious acquisition or a headline grab, the answer is increasingly the former. The numbers on GameStop's balance sheet suggest Cohen has the firepower to make this deal happen.

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