I'm almost certain the Ebay Execs (EE) will decline this initial offer, as well as all subsequent offers.
The more I think about it, the more I see that the EE are unwilling to give up their easy executive suites and board seats because then they would lose their comfortable, easy millions of dollars per year doing nothing.
They know that if this deal goes through, they will be ousted (golden parachute is not enough to sustain their lifestyle for long), so they'll need to find another job where they can dick around and get paid exorbitant amounts to do so. And in this economy, that seems very unlikely.
If ryan is gonna win this fight, I'm certain he's gonna need to buy a bigger Ebay position and take it to a shareholder vote. The Ebay execs will not get ousted without a fight.
Y'all better get prepared for the botwars and smear campaigns to begin. It's gonna get ugly for Ryan and the GameStop shareholders.