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submitted 1 day ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[-] Ghostalmedia@lemmy.world 8 points 1 day ago

Can someone please explain everything about this. I’m so fucking confused.

[-] CyberSeeker@discuss.tchncs.de 1 points 10 hours ago

Just gotta follow the money. CEO gets paid based on the company’s valuation, so he’s making a crazy pitch to buy another company 4x of their own valuation in an effort to eventually pump and dump on the share holders (leveraged buyout).

[-] EmpathicVagrant@lemmy.world 2 points 22 hours ago

specialty buy-only pawn shop did a bunch of buybacks after the shorting trend to recover.

Quietly built a bunch of cash and assets to put against the bid

Buy out a lead competitor online exchange to improve visibility and short term profits

Coming soon - digitize and buy/sell to people directly while still reaping a slice for themselves for a small amount of the cost of workers

They’ll be back under in 6-10 years minimum with how they spend.

[-] Alexstarfire@lemmy.world 4 points 1 day ago

So is everyone else.

this post was submitted on 04 May 2026
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United States | News & Politics

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