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GameStop CEO Ryan Cohen is trying to acquire auction site eBay for more than $50 billion, and now the billionaire has listed several GameStop-related items on the platform to help, he says, pay for the buyout.
Cohen is known for trolling and shenanigans, and this is just the latest example. Cohen is seemingly poking fun at the people saying he cannot possibly fund the massively leveraged deal proposal.
“I’m selling stuff on eBay to pay for eBay,” Cohen wrote.
Cohen’s eBay page includes 25 items and each of them includes hand-signed copy of the letter he wrote to eBay’s management proposing his deal and talking about how he will massively cut costs to help make eBay a “legit competitor to Amazon.” These items include GameStop store signs (current highest bid is $10,800), a Halo 3 flag ($910 high bid currently), and a carpet from a GameStop store ($750 right now).
You can visit Cohen’s page on eBay to see all of his listings.
How we got here
Cohen’s unsolicited bid for eBay was officially announced on May 3, though he said in January this year that he was planning to buy a company to help transform GameStop’s business. “It’s ultimately either going to be genius or
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