Post #2396938
2026-05-04 06:19 UTC
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.
Replies (3)
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@Arghblarg@lemmy.ca 2026-05-04 06:27
Ah, OK. I get that angle.
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@red_bull_of_juarez@lemmy.dbzer0.com 2026-05-04 07:36
Ah, that was my first question: Where the hell does Gamestop take that kind of money from? I am actually surprised they “only” need to borrow 20bn.
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@webghost0101@sopuli.xyz 2026-05-04 07:58
Capitalism is truly the grift that keeps on grifting. How do you end up in a system where essentially: acquiring an organizers to profit from it, requires its workers to produce more additional wealth to afford gifting themselves to you in the past.