Could be. But he has to secure board approval for doing something like this. So he apparently was able to convince the GameStop bod that this is a reasonable play.
One has to wonder if there's an unstated interested party ready to back the deal.
Very good point. While I’m very skeptical this will even occur or that it’s a good idea, there is certainly some logic to it. The question is are they all joining in a group delusion, an opportunity to make their final big bucks and walk away, do they really see a path forward, or is it something else entirely. I guess we will find out lol
One has to wonder if there's an unstated interested party ready to back the deal.