this post was submitted on 04 May 2026
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Not misinformed brother. The quote is likely talking about the $20b GameStop is going to borrow for the purchase itself. It's a pretty common trick in leveraged buyouts to saddle the company you bought with the debt that you racked up to buy it in the first place.
Capitalism is truly the grift that keeps on grifting.
How do you end up in a system where essentially:
acquiring an organizers to profit from it, requires its workers to produce more additional wealth to afford gifting themselves to you in the past.
Ah, that was my first question: Where the hell does Gamestop take that kind of money from? I am actually surprised they "only" need to borrow 20bn.
They issued some shares when their share price was high and didn't have huge amounts of debt compared to other companies of a similar value.
That was almost exactly what happened with the Saudis buying EA
Ah, OK. I get that angle.