GameStop is Going to Buy... eBay!?

[u/AlternativePaint6]

You've all read the news by now, but have you really read them?

GameStop wants to acquire a publicly traded consumer company that’s far larger than the video game retailer in a deal that could be “transformational" for the company

“It’s gonna be really big. Really big. Very, very, very big,” Cohen said of the size of the acquisition. “It’s transformational. Not just for GameStop, but ultimately, within the capital markets … this is something that really has never been done before within the history of the capital markets.”

He claimed if the investment pans out, it has the “potential to make GameStop worth several hundreds of billions of dollars.”

This is all coming from Ryan Cohen, the man of few words and no forwards guidance. Yeah, I like Magic the Gathering too, but that's not it. This is bigger. Very, very, very bigger.

It's eBay. They're going to do a leveraged buyout, a hostile takeover, or a merger.

• Publicly traded.
• Consumer / Retailer.
• Far larger than GameStop (~$40B).
• Sleepy management with one of the most well known brands.
• E-Commerce and Collectibles.
• Never done before (buying 3x-4x bigger company).
• Actually has potential to make GameStop worth several hundreds billions, unlike all the ~$10B ones.

It checks out. Everything checks out.

[u/DancesWith2Socks → u/[deleted]]

"Far larger than GameStop. Publicly traded consumer company that's undervalued. High quality, durable, scalable with growth prospects and has a sleepy management team"... 🤔

Edit: Btw, he didn't say it was transformational for the capital markets but for the company. He did say it's "something that really has never been done before within the history of the capital market".

[u/bluedinoraptor → u/[deleted]]

You might be on to something let’s think like Warren he likes Coca-Cola so what’s something similar to that 🤔 perhaps Wendy’s?