alt Hacker NewsThe math doesn't actually math. Even if you're not discounting the cash on hand from GME's value all of GME's market value, plus their cash on hand, plus the "highly confident" $20B still doesn't add up to the take over value in Cohen's letter.
The math doesn't actually math. Even if you're not discounting the cash on hand from GME's value all of GME's market value, plus their cash on hand, plus the "highly confident" $20B still doesn't add up to the take over value in Cohen's letter.
I know it doesn't. But I felt like parent commenter was offering to explain what CNBC and the rest of us didn't understand, that he does.
TLDR: half cash, half stock.