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Ryan Cohen's mysterious bank letter backing GameStop's eBay bid reveals a big issue with deal
The combined company would need to maintain an investment-grade credit profile, GameStop's mysterious financing letter said.
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huffpost.com
UPDATE: eBay Shares Surge After Bizarre, Surprise Takeover Bid From *GameStop*
eBay confirmed the huge bid on Monday and said that it has had no talks with GameStop or received any outreach from the company before it received the proposal.
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cnbc.com
Traders are doubtful Cohen's GameStop can pull off monster eBay acquisition
Traders on Kalshi and Polymarket give the company just a 25% and 15% chance, respectively, of successfully buying the online marketplace.
