GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it

Ars Technica ·

GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it

GameStop wants to slash eBay marketing budget Morgan Stanley similarly doubted the potential cost savings. “On the expense side, we also think the potential opportunities would likely be minimal as …

GameStop wants to slash eBay marketing budget Morgan Stanley similarly doubted the potential cost savings. “On the expense side, we also think the potential opportunities would likely be minimal as physical and digital business require different cost bases, as do 3P marketplaces vs. 1P wholesalers. To add another challenge, GameStop has already undergone a series of large cost cuts,” the research note said. …

Original source: Ars Technica

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Morgan Stanley