Politics
GameStop’s Cohen Drops $35 Billion Pay Plan to Focus on eBay Bid
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Consumer Tech GameStop’s Cohen Drops $35 Billion Pay Plan to Focus on eBay Bid GameStop Corp. Chief Executive Officer Ryan Cohen withdrew a bonus plan that could have paid him as much $35 billion so that his company can be “fully focused on GameStop’s operating performance and its proposed eBay acquisition.” The video-game retailer said it will release additional materials regarding its proposed buyout of eBay this week, including a detailed presentation of the strategic rationale and an...
Consumer Tech
GameStop’s Cohen Drops $35 Billion Pay Plan to Focus on eBay Bid
GameStop Corp. Chief Executive Officer Ryan Cohen withdrew a bonus plan that could have paid him as much $35 billion so that his company can be “fully focused on GameStop’s operating performance and its proposed eBay acquisition.”
The video-game retailer said it will release additional materials regarding its proposed buyout of eBay this week, including a detailed presentation of the strategic rationale and an operational plan for the combined companies, according to a statement Tuesday.