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The Latest Breaking News from Ryan Cohen

GameStop Just Raised Its Stake in eBay to 10% After the Board Rejected Its Takeover Bid. Ryan Cohen Is Preparing for a Bigger Fight.

GameStop raised its stake in eBay to nearly 10% (about 43.4 million shares) after eBay’s board rejected its roughly $55.5 billion takeover offer of $125 per share as “neither credible nor attractive.”

Barchart

GameStop CEO says Sony's decision to go disc-less is 'totally irrelevant' — claims software, including physical discs, accounts for only 12% of the company's business

GameStop CEO Ryan Cohen says Sony’s physical game exit is irrelevant to the company's business, amid a $56 billion eBay takeover, as collectibles now drive growth.

Tom’s Hardware

GameStop CEO says Sony's axing of physical games 'doesn't matter at all' in a statement sure to enrage gamers

GameStop CEO shares hot take on Sony's decision to eliminate physical game copies on PlayStation, one that's only set to harm consumers rather than help.

TechRadar

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Physical games don't matter, says GameStop CEO: "It is totally, totally irrelevant"

The retailer isn't worried about PlayStation killing discs

GamesRadar

Here’s the ‘Baby Buffett’ Investing Story I Meant to Write Before BlackRock Distracted Me.

The case for billionaire Taylor Swift as the next Warren Buffett, and how to track a core watchlist of picks at Barchart.

Barchart

GameStop, Uber Eats Partnership to Offer Same-Day Delivery of Physical Games In Select US Areas

GameStop and Uber Eats are now in a partnership to offer same-day delivery of physical games and more in select US areas.

Player One

GameStop CEO Ryan Cohen Withdraws $35 Billion Pay Package as He Intensifies Push for eBay Acquisition

GameStop Chief Executive Ryan Cohen has withdrawn a proposed performance-based compensation package that could have been worth more than $35 billion, saying he wants management focused on the retailer's operations and its efforts to acquire eBay.

International Business Times

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GameStop CEO Ryan Cohen Is Still Serious About eBay. What That Means for GME Stock.

Just when GameStop’s comeback seemed to be settling in, Cohen threw another curveball by refusing to let go of his eBay ambitions. Could this add more uncertainty for GME stock, or become GameStop’s next growth engine?

Barchart

Dear GameStop Stock Fans, Mark Your Calendars for July 7

GameStop faces a shareholder lawsuit over Ryan Cohen’s potential $35 billion pay package despite posting one of its strongest quarters in years.

Barchart

CEO Ryan Cohen Still Thinks GameStop Can Swallow 5X Larger eBay

GameStop's CEO is not backing off despite eBay's refusal to be acquired by a company five times smaller.

Barchart

GameStop’s $2 Billion Buyback Sends a Confusing Signal to Investors

GameStop's core business is improving and showing record profits; improvement is overshadowed by eBay confusion and high short interest.

MarketBeat

GameStop Ups Its Stake in eBay Further. Ryan Cohen Must Be Betting on Another Meme Stock Surge.

GameStop now owns almost 8% of the company.

Barchart

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

GameStop CEO Ryan Cohen wants to buy eBay for $125/share despite board rejection. Here's what GME's balance sheet tells us about whether this deal can actually happen.

Barchart

Why GameStop Stock Is Nosediving After Its Audacious eBay Offer Failed

GameStop stock slips following eBay's formal rejection on its takeover bid.

Barchart

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International Business Times UK

Ryan Cohen Slams eBay as 'Run by Losers' After $56B Bid Rejection — 'We'd Be Getting Rid of the Board'

GameStop CEO Ryan Cohen unveils bold plans to take over eBay, criticising its management and outlining financing and cost-cutting strategies. Discover the potential impact on eBay's future.

International Business Times UK

eBay Rejects GameStop's 'Audacious' $56 Billion Bid — Days After Michael Burry's 'Capitalist Hell' Warning

eBay dismisses GameStop's $55.5 billion bid over financing doubts and strategic concerns, as investor Michael Burry exits his stake, warning against the merger.

The Guardian - UK

GameStop hits the limits of credibility with $55.5bn eBay bid

The ‘meme stock’ company is remembered for Reddit traders sending its share price into orbit but its move on the auction site looks less likely to take off

International Business Times

eBay Rejects GameStop's $56 Billion Acquisition Proposal, Calls It 'Neither Credible Not Attractive'

eBay rejected on Tuesday a $56 billion acquisition offer from GameStop, saying it is "neither credible nor attractive."

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Evening Standard

EBay rejects £41.4 billion GameStop takeover offer

The board of EBay labelled the proposal as ‘neither credible or attractive’.

The Guardian - UK

GameStop’s $55.5bn bid for eBay rejected as ‘neither credible nor attractive’

Online marketplace takes into account uncertainty around US video games retailer’s financing proposal

PC Gamer

eBay shoots down 'neither credible nor attractive' $56 billion GameStop offer from CEO who says 'I'm not going away. I'm a pain in the ass'

You didn't win this auction.

The Economic Times

EBay rejects GameStop's audacious $56 billion takeover bid

EBay has rejected a massive $56 billion takeover offer from GameStop. EBay cited doubts about GameStop's financing for the deal. The company is confident in its current growth strategy. GameStop's CEO had proposed cost cuts and synergies.

Barchart

GameStop Stock: Trying to Make Sense of It All as Investors Head for the Exit

Amid Ryan Cohen's theatrics and eBay suspension, Michael Burry has exited his GME stake.

PC Gamer

GameStop-eBay saga gets weirder: CEO says he was suspended from eBay for selling stuff on eBay 'to pay for eBay'

Maybe all of this really is just a very dumb, pointless stunt.

The Guardian - US

GameStop CEO opens eBay storefront to pay for potential eBay acquisition

Ryan Cohen selling tube socks and baseball cards after offering $55.5bn, although source of funds remains unclear

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