GameStop shares tank 10% as CEO skips fundraising question on $55 billion eBay deal
GameStop shares fell over 10% after CEO Ryan Cohen sidestepped questions on funding its $55.5 billion bid for eBay. The proposed half-cash, half-stock deal faces a funding gap despite planned debt and cash use. eBay has not engaged, while Cohen may pursue a proxy fight if required.
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Quote of the day by Charles Ellis: "Wall Street is pure economics and when profit opportunities look good, debt leverage makes them look better"

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Western disturbance to bring rain, thunderstorms across north India; stronger spell on 10-11 May
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వ్యాఖ్యలు రాయడానికి లాగిన్ చేయండి











