Sorkin asks, for the first time, for an explanation of the math behind the proposal. How exactly does GameStop plan to pay for eBay, as there appeared to be a roughly $16 billion gap in proposed financing and the deal price?
Cohen shifts his eyes to the side before looking down. “It’s on our website,” he says. “It’s half cash, half stock.”
He looks down once again, not making eye contact with the camera. “But the details are on our website,” he says. (Variations of “it’s on our website” and “it’s half cash, half stock” are repeated often over the course of the interview.)
Sorkin notes that he’s read the website but many viewers haven’t — can he walk them through it? Cohen asks “which part.” Sorkin gives another detailed question pointing out the roughly $16 billion gap.
“We’ll see what happens,” Cohen says, leading to another short laugh-exhale from Sorkin and a smile.
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