We're talking about GameStop, of course, whose CEO, Ryan Cohen, kicked off a $56 billion bid for eBay with a cringeworthy TV appearance in May.
Cohen had lined up $40 billion in cash, stock, and financing, which left him just $16 billion shy of the purchase price.
I don't understand your question.
We're offering half cash, half stock, and we have the ability to issue stock in order to get the deal done.
But the full details of the offer are on our website.
And that's where our episode picked up the following week once eBay delivered its unequivocal response.
Chairman Paul Pressler wrote they considered six key factors, including the questionable financing, and concluded, quote, your proposal is neither credible nor attractive.
Which honestly sounds like the kind of uncharitable kiss-off one might get on Tinder.
And Craig, I kind of felt like all of that could have been boiled down to three reasons where Pressler not trying to be so comprehensive as I read it.
Still, I found it brutally succinct in that line, neither credible nor attractive.
Pressler left the impression there was nothing much to consider, nothing much more to say.
We're talking about GameStop, of course, whose CEO, Ryan Cohen, kicked off a $56 billion bid for eBay with a cringeworthy TV appearance in May.
Cohen had lined up $40 billion in cash, stock, and financing, which left him just $16 billion shy of the purchase price.
I don't understand your question.
We're offering half cash, half stock, and we have the ability to issue stock in order to get the deal done.
But the full details of the offer are on our website.
And that's where our episode picked up the following week once eBay delivered its unequivocal response.
Chairman Paul Pressler wrote they considered six key factors, including the questionable financing, and concluded, quote, your proposal is neither credible nor attractive.
Which honestly sounds like the kind of uncharitable kiss-off one might get on Tinder.
And Craig, I kind of felt like all of that could have been boiled down to three reasons where Pressler not trying to be so comprehensive as I read it.
Still, I found it brutally succinct in that line, neither credible nor attractive.
Pressler left the impression there was nothing much to consider, nothing much more to say.
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode
No account is needed to search Radar.