General Discussion

for Game Stop, if they can pull it off. So much scrip, so little equity, so much debt. I doubt it will happen.

There was a time, about 2000 in the dot com bubble when analysts questioned why Yahoo!, which ran its own inefficient auction site at the time, didn't buy eBay. At the time Yahoo was about $125 as I recall, and eBay about $30. So they could have done a similar deal to the one today, buy eBay by issuing shares of their own inflated company. Yahoo! should have done it. Ten years later Yahoo! was $7 and eBay north of $40.

Buying a stodgy but profitable business with debt and equity you create is a good deal if you can pull it off. Imagine selling shares in your car so you can buy a new one. This is similar.