Keep pulling the thread on TD Bank.
GameStop submitted a bid to acquire eBay for $28 billion, structured as half cash and half stock.
eBay's board of directors has rejected the acquisition offer from GameStop.
In a recent interview, GameStop CEO Ryan Cohen stated, "I didn't want to be the CEO of GameStop."
Both Anthropic and OpenAI have publicly stated that their stock is subject to transfer restrictions and that many secondary market offerings are invalid.
Anthropic's public warning about unauthorized secondary sales specifically named platforms such as Forge and Hive.
John Waldron, President and COO of Goldman Sachs, described the bank as a "human assembly line" that will face increased automation.
GameStop lacks sufficient authorized shares to complete the stock portion of its acquisition bid for eBay.
TD Bank provided GameStop with a non-binding "highly confident letter" for the $20 billion in debt financing required for its eBay bid.
Matt Levine speculates that Ryan Cohen's takeover bid for eBay is primarily a strategic maneuver to position himself to become the CEO of eBay.
GameStop's share price did not appear to react negatively to CEO Ryan Cohen's public statement that he did not want the CEO job.
GameStop cannot launch a proxy fight against eBay for several months because the deadline for board nominations for the upcoming annual meeting has already passed.
Apollo is creating a new financial product, Apollo Multi-Asset Prime Securities (AMAPS), to securitize private credit loans.