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Shareholders?

note: you forced me to do my homework... https://www.ft.com/content/31bfd02e-a02e-45fd-ad46-51544b1a3a8a?syn-25a6b1a6=1

it's just a bid for now, board is reviewing it (and to pass, they need a shareholder vote too).

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In one sense, obviously, but also how would that work?

It's seems like it would be a huge pain in the ass to coordinate all those transactions with public shareholders, unless there are a small number of eBay whales who want to be compensated in massively diluted GameStop stock.

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I must be misunderstanding your question. Are you wondering about the mechanics of hostile takeovers/bids...?

Symmetrically, eBay shareholders wouldn't "lose" what they have, they'd gain GameStop's assets and cash for some dilution

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My question was only for a case that didn't involve going through the board.

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ok, outline... doesn't make much sense then as a question, does it? like, what are we talking about

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