eBay To GameStop CEO Ryan Cohen: Um, No

It might be time to do a wellness check on GameStop CEO Ryan Cohen. We had just discussed Cohen’s announced bid to have GameStop buy eBay as part of an absolutely bizarre interview he did on …

Techdirt

The best place to hide Pedophiles, after the Republican Party, is in the Church.

He Remade the Southern Baptist Convention in His Image.
Then Came the Abuse Allegations

“He talks way more about nudity, the male body, being naked in spas in Europe [or] being naked in general than [he does] God, or his Baptist background,”

Connections with The Squeaker Of The House, Mike Johnson
https://www.texasmonthly.com/news-politics/quiet-collapse-southern-baptist-convention/

#SouthernBaptist #PaulPressler #SouthernBaptistConvention #Republican #GoodOldPedophiles #GOP

How an Alleged Child Predator Remade the Nation’s Second-Largest Faith Group in His Image

Paul Pressler helped ordain the marriage between white evangelicals and the GOP, all while accusations of sexual abuse piled up. Right-wing groups are still using his political playbook

Texas Monthly

Agi: GameStop presenta un'offerta da 56 miliardi di dollari per l'acquisto di eBay

AGI - GameStop tenta la mossa a sorpresa su eBay. Il ceo Ryan Cohen ha presentato un’offerta non sollecitata da circa 56 miliardi di dollari per acquisire il gruppo e-commerce, con l’obiettivo di rafforzarne il posizionamento competitivo nei confronti di Amazon.
Secondo quanto riferito al Wall Street Journal, GameStop ha accumulato una partecipazione di circa il 5% in eBay e propone 125 dollari per azione tra contanti e titoli. Cohen ha dichiarato di intravedere un potenziale significativo di crescita per eBay, fino a una valutazione nell’ordine delle centinaia di miliardi di dollari.
L'operazione di GameStop 
Per sostenere l’operazione, scrive ancora il Wsj, GameStop ha ottenuto una lettera di impegno da TD Bank per finanziamenti fino a 20 miliardi di dollari. L’offerta, composta per metà da contanti e per metà da azioni GameStop, è stata formalizzata in una lettera indirizzata al presidente di eBay Paul Pressler. In caso di mancata apertura del board, Cohen si è detto pronto a rivolgersi direttamente agli azionisti.
Lo scetticismo degli analisti 
L’operazione, sottolinea il quotidiano, presenta tuttavia criticità rilevanti: eBay vale circa 46 miliardi di dollari, mentre GameStop ha una capitalizzazione intorno ai 12 miliardi e circa 9 miliardi di liquidità. Non è ancora chiaro come verrebbe finanziata l’intera acquisizione, anche se non si esclude il coinvolgimento di investitori esterni, inclusi fondi sovrani. Alcuni analisti esprimono scetticismo sulla fattibilità dell'operazione, sottolineando come il percorso di rilancio di eBay, focalizzato su collezionismo e nicchie di mercato, stia già producendo risultati positivi.
Sinergie e leve di sviluppo
Cohen punta sulle sinergie tra le due società, in particolare sull’integrazione tra la rete fisica di negozi GameStop e la piattaforma online di eBay, ad esempio per autenticazione e ritiro dei prodotti. Tra le leve di sviluppo indicate anche il live commerce e un maggiore utilizzo dell’intelligenza artificiale.
I risultati trimestrali di eBay 
Se l’operazione andasse in porto, Cohen ha indicato che assumerebbe il ruolo di ceo della società combinata, con una remunerazione legata esclusivamente alle performance. eBay ha recentemente riportato risultati trimestrali solidi, con un aumento del valore lordo delle transazioni del 18% su base annua, e ha avviato un piano di riduzione dei costi che include il taglio di circa il 6,5% della forza lavoro globale.

GameStop presents a $56 billion offer to acquire eBay.

GameStop Attempts Surprise Move on eBay. CEO Ryan Cohen has presented a non-solicited offer of around $56 billion to acquire the e-commerce group, with the aim of strengthening its competitive positioning against Amazon.

According to information provided to the Wall Street Journal, GameStop has accumulated a stake of approximately 5% in eBay and is offering $125 per share in cash and stock. Cohen stated he sees significant growth potential for eBay, up to a valuation in the hundreds of billions of dollars.

The GameStop Operation
To support the operation, the WSJ writes, GameStop has obtained a commitment letter from TD Bank for financing up to $20 billion. The offer, composed of half cash and half GameStop stock, was formalized in a letter addressed to eBay President Paul Pressler. In the event of the board not opening, Cohen said he would be prepared to address shareholders directly.

Analyst Skepticism
The newspaper notes that the operation presents significant challenges: eBay is worth approximately $46 billion, while GameStop has a capitalization of around $12 billion and approximately $9 billion in liquidity. It is not yet clear how the entire acquisition would be financed, although the involvement of external investors, including sovereign funds, is not ruled out. Some analysts express skepticism about the feasibility of the operation, highlighting that eBay’s turnaround strategy, focused on collectibles and niche markets, is already producing positive results.

Synergies and Growth Drivers
Cohen is betting on synergies between the two companies, in particular on the integration between GameStop’s physical store network and eBay’s online platform, for example for authentication and product pickup. Among the growth drivers indicated are live commerce and increased use of artificial intelligence.

eBay’s Quarterly Results
If the operation were to go through, Cohen indicated that he would take on the role of CEO of the combined company, with compensation linked exclusively to performance. eBay recently reported solid quarterly results, with a 18% year-on-year increase in gross transaction value, and has launched a cost reduction plan that includes a reduction of approximately 6.5% in global workforce.

#GameStop #RyanCohen #Amazon #approximately5% #Cohen #TDBank #PaulPressler #QuarterlyResults #approximately65%

https://www.agi.it/economia/news/2026-05-04/gamestop-offerta-acquisto-ebay-36875674/

💀 Die kompromisslose Gewinnoptimierung von #McKinsey zeigt das tödliche Gesicht vom #Kapitalismus:

#Simplicissimus:
Das schlimmste Unglück in #Disneyland (33 Minuten)

#PaulPressler von McKinsey wurde 1994 Chef von Disneyland Kalifornien. Die wohl gravierendsten Folgen: Weniger Personal und schlechtere Arbeitsbedingungen in der Wartungsabteilung.

Nach mehreren tödlichen Unfällen sorgt erst ein ebenfalls tödlicher Unfall der #BigThunderMountain #Achterbahn 2003 für ein Umdenken. So konnte das 50jährige Jubiläum 2005 „dank“ genügend zeitlichem Abstand doch noch gebührend gefeiert werden. Abgesehen von den Angehörigen des 22jährigen Opfers.

Paul Pressler hat Disneyland 2002 verlassen und wurde CEO der Modemarke Gap, mittlerweile ist er Aufsichtsratsvorsitzender von #eBay.

2022 hat Disney McKinsley beauftragt, Möglichkeiten zur Kosteneinsparung aufzufinden …

▶️ https://inv.nadeko.net/watch?v=H2pT_PW83zs

Alternativ:
https://www.youtube.com/watch?v=H2pT_PW83zs

#Disney #Freizeitpark #Unternehmensberatung

Longtime Southern Baptist leader Paul Pressler, who was accused of sexual abuse, dies at 94

Pressler was one of the co-architects of the Southern Baptist Convention’s “conservative resurgence,” an effort in the 1980s that reshaped the direction of America’s largest Protestant denomination.

Houston Public Media

As Mark Wingfield recently reported, Dallas attorney Gene Besen, who represents the Southern Baptist Convention, has stated publicly in a tweet,

"If want [sic] you want to hear is that Pressler was is [sic] dangerous predator who exploited boys based on his power and his false piety — I whole heartedly agree."

There are credible allegatinons, confirmed by an attorney for the SBC, that Pressler "exploited boys."

#PaulPressler #SouthernBaptistConvention #SexualAbuse
/2

https://baptistnews.com/article/sbc-attorney-calls-pressler-a-monster-a-predator-and-of-the-devil/

SBC attorney calls Pressler a ‘monster,’ a ‘predator’ and ‘of the devil’ – Baptist News Global

The question of who knew what when about Paul Pressler’s alleged molestation of boys and young men surfaced anew over the weekend in a series of tweets between the reporter who broke the story of sexual abuse in the Southern...

Baptist News Global

A number of folks replied to my thread linked below. As they've noted, though I spoke of Southern Baptist right-wing leader Paul Pressler abusing men, Texas Republican leader Jared Woodfill, an anti-gay activist, has sworn under oath that he knew from 2004 forward of credible allegations that Pressler had abused a child — and Woodfill did not cut his ties with Pressler.

#PaulPressler #SouthernBaptistConvention #SexualAbuse
/1

https://toad.social/@wdlindsy/111851251045858998

William Lindsey :toad: (@[email protected])

As David French notes, when an icon of the left falls from grace sexually, right-wing folks and media are all over the story, reporting it in detail. But when one of their own — e.g., Paige Patterson and Paul Pressler, chief architects of the hard-right turn of the Southern Baptist Convention — falls, it's crickets. Nada. French writes, #PaulPressler #SouthernBaptistConvention #RightWing #FoxNews #SexualAbuse /1 https://www.nytimes.com/2024/01/28/opinion/pressler-sex-scandal-sbc.html

toad.social

"Shortly after the Pressler settlement was announced, I looked for statements or commentary or articles by the conservative stalwarts who cover left-wing misconduct with such zeal. The silence was deafening. If you mainly receive your information from right-wing sources, the odds are good that you haven’t seen this news at all."

P.S. Pressler helped craft the SBC's heavy investment in politicized homophobia while he was committing indiscretions with MEN.

#PaulPressler
/2

As David French notes, when an icon of the left falls from grace sexually, right-wing folks and media are all over the story, reporting it in detail.

But when one of their own — e.g., Paige Patterson and Paul Pressler, chief architects of the hard-right turn of the Southern Baptist Convention — falls, it's crickets. Nada.

French writes,

#PaulPressler #SouthernBaptistConvention #RightWing #FoxNews #SexualAbuse
/1

https://www.nytimes.com/2024/01/28/opinion/pressler-sex-scandal-sbc.html

Opinion | When the Right Ignores Its Sex Scandals

The case of the disgraced pastor Paul Pressler offers a window into why America is so divided as a nation.

The New York Times

"It started two years before Pressler, then a Texas appeals court judge, and Paige Patterson, then an academician, launched the 'conservative resurgence' that allowed fundamentalists to take control of the SBC."

That "conservative resurgence" firmly aligned the SBC with the Republican party and made the SBC a religious arm of the GOP during years in which the GOP and SBC have attacked LGBTQ people and their rights in every way possible.

#PaulPressler #SouthernBaptists #SexualAbuse
/3