GameStop’s Cohen Says He’s Selling on eBay to Help Fund Takeover

GameStop Corp. Chief Executive Officer Ryan Cohen is raising money to help pay for his proposed $56 billion takeover of eBay Inc., one pair of socks at a time.

The move to sell a hodgepodge of items — on eBay, of course — has already racked up scores of bids totaling tens of thousands of dollars, including $7,500 for the socks. But it’s unlikely to sway his skeptics who view GameStop’s bid for a company four times its size as a nonstarter.