US EditionFive Years After the Short Squeeze, GameStop’s CEO Is Betting on a ‘Genius or Totally Foolish’ $100 Billion-Plus Acquisition
5 Articles
5 Articles
GameStop Eyes Major Acquisition as Ryan Cohen Plots Radical Company Transformation
GameStop closed off 2025 with its chaotic Trade Anything Day, and after that marketing campaign, it was business as usual: They kicked off 2026 by closing hundreds of stores in the U.S. According to the GS Closing blog, over 450 stores saw closures in January 2026 alone. Now, CEO Ryan Cohen tells The Wall Street Journal that he wants to acquire a different publicly traded company to help grow GameStop. Cohen told WSJ that the acquisition would b…
GameStop CEO has a Plan to Earn his $35B Bonus: Acquire a Massive Publicly Traded Company in a "Genius, Or Totally Foolish" Move
GameStop chief executive officer Ryan Cohen has the chance at a major, major payday if he can make good on a goal set for him by GameStop's board of directors. Amidst discovering that GameStop would be shutting down hundreds of stores in the United States, we also learned that if Cohen successfully turned the company that's worth a staggering $100 billion, then he would earn a $35 billion bonus. And now, it seems that Cohen has a plan on how to …
GameStop Could Become A Totally Different Company
Billionaire GameStop chairman and CEO Ryan Cohen has revealed that he plans to buy a company to help transform GameStop from where it stands today at around an $11 billion market cap to a $100 billion-plus giant that would sell more than video games and collectibles.Cohen told The Wall Street Journal that he's pursuing a publicly traded company for a buyout, and it would probably be a company in the consumer or retail space. Cohen has a history …
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