☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 13 hours agoGameStop Offering To Buy EBay For $56 Billion: WSJfinance.yahoo.comexternal-linkmessage-square6fedilinkarrow-up137arrow-down10
arrow-up137arrow-down1external-linkGameStop Offering To Buy EBay For $56 Billion: WSJfinance.yahoo.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 13 hours agomessage-square6fedilink
minus-squareGhostalmedia@lemmy.worldlinkfedilinkEnglisharrow-up5·11 hours agoCan someone please explain everything about this. I’m so fucking confused.
minus-squareEmpathicVagrant@lemmy.worldlinkfedilinkarrow-up3arrow-down1·3 hours agospecialty buy-only pawn shop did a bunch of buybacks after the shorting trend to recover. Quietly built a bunch of cash and assets to put against the bid Buy out a lead competitor online exchange to improve visibility and short term profits Coming soon - digitize and buy/sell to people directly while still reaping a slice for themselves for a small amount of the cost of workers They’ll be back under in 6-10 years minimum with how they spend.
Can someone please explain everything about this. I’m so fucking confused.
specialty buy-only pawn shop did a bunch of buybacks after the shorting trend to recover.
Quietly built a bunch of cash and assets to put against the bid
Buy out a lead competitor online exchange to improve visibility and short term profits
Coming soon - digitize and buy/sell to people directly while still reaping a slice for themselves for a small amount of the cost of workers
They’ll be back under in 6-10 years minimum with how they spend.
So is everyone else.