Post #2390660
2026-05-04 05:27 UTC
From article:
The proposal does not sound like a “terribly good offer” as it would saddle eBay with GameStop’s debt, said retail industry analyst Sucharita Kodali from market research firm Forrester.
Uh… Gamestop has , depending on who one asks, no debt, or some sort of convertible thing to do with their warrant issuing last year. This article seems mis-informed. It’s an ambitious gambit, but would certainly not saddle E-Bay with any significant new debt.
Replies (3)
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@TheTechnician27@lemmy.world 2026-05-04 05:32
Gamestop has, depending on who one asks, no debt GameStop has 4.3 billion in debt who tf are you asking and can I borrow their confidence?
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@tomalley8342@lemmy.world 2026-05-04 06:19
Not misinformed brother. The quote is likely talking about the $20b GameStop is going to borrow for the purchase itself. It’s a pretty common trick in leveraged buyouts to saddle the company you bought with the debt that you racked up to buy it in the first place.
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@OhNoMoreLemmy@lemmy.ml 2026-05-04 06:28
The money for the 55 billion offer has to come from somewhere, and will need to be repaid.