GameStop Proposes to Acquire eBay at $125.00 per Share
investor.gamestop.comDiscussion yesterday - on the rumour (83 points, 72 comments) https://news.ycombinator.com/item?id=47985271
Related GameStop is looking to buy eBay, report says. Both stocks are soaring (6 points) https://news.ycombinator.com/item?id=47985742
I saw someone else mention this idea, which is that GameStops could be used somewhat like Whole Foods is for Amazon. Basically a drop-off location if you're selling items, especially collectibles, and want to make the process of sending them in for authentication and whatnot simpler.
Not sure if that's the intent behind this move but an interesting thought experiment.
Precisely! Ryan Cohen discussed this very bit on the TBPN interview yesterday, starts at 1:33:20 or so
https://www.youtube.com/live/CxJEIOD9Xow?is=n_o01_LlR4xae4H6
I would have imagined the latter to be larger. What does this mean for PayPal if a video game company takes it over?
Not a thing. eBay did a PayPal spin off in 2015.
Hedgies in shambles
Shorts are nothing but future buyers.