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Stock impact report

GameStop's Ryan Cohen eyes ‘very big' consumer megadeal that could increase company's value tenfold [CNBC]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: CNBC
Cohen did not say whether he would sell the company's bitcoin to try to pull off the deal. If Cohen can grow GameStop to a $100 billion market cap, about 10 times its current value, he stands to reap a massive payday. In this article Miami, Florida, Aventura Mall, GameStop store entrance front view, video game retailer shop. Jeff Greenberg | Universal Images Group | Getty Images GameStop wants to acquire a publicly traded consumer company that's far larger than the video game retailer in a deal that could be “transformational” for the company, CEO Ryan Cohen told CNBC in an interview Friday. “It's gonna be really big. Really big. Very, very, very big,” Cohen said of the size of the acquisition. “It's transformational. Not just for GameStop, but ultimately, within the capital markets … this is something that really has never been done before within the history of the capital markets.” Cohen declined to name the company's targets – saying only he's seeking a publicly trad Show less Read more
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