{"id":22720,"date":"2026-05-13T10:48:39","date_gmt":"2026-05-13T10:48:39","guid":{"rendered":"https:\/\/cp.snarskis.lt\/index.php\/2026\/05\/13\/ebay-kirto-gamestop-52-mlrd-euru-peremimo-pasiulymas-atsautas-priezasciu-ne-viena\/"},"modified":"2026-05-13T10:48:39","modified_gmt":"2026-05-13T10:48:39","slug":"ebay-kirto-gamestop-52-mlrd-euru-peremimo-pasiulymas-atsautas-priezasciu-ne-viena","status":"publish","type":"post","link":"https:\/\/cp.snarskis.lt\/index.php\/2026\/05\/13\/ebay-kirto-gamestop-52-mlrd-euru-peremimo-pasiulymas-atsautas-priezasciu-ne-viena\/","title":{"rendered":"\u201eeBay\u201c kirto \u201eGameStop\u201c: 52 mlrd. eur\u0173 per\u0117mimo pasi\u016blymas at\u0161autas, prie\u017eas\u010di\u0173 \u2013 ne viena"},"content":{"rendered":"<h2>\u201eeBay\u201c valdyba pasi\u016blym\u0105 atmet\u0117<\/h2>\n<p>Internetin\u0117s prekyviet\u0117s operator\u0117 \u201eeBay\u201c antradien\u012f atmet\u0117 ma\u017emenininko \u201eGameStop\u201c pateikt\u0105 per\u0117mimo pasi\u016blym\u0105, kurio vert\u0117 siek\u0117 apie 52 mlrd. eur\u0173. Bendrov\u0117 pasi\u016blym\u0105 \u012fvardijo kaip nepagr\u012fst\u0105 ir nepatraukl\u0173 bei parei\u0161k\u0117 neketinanti prad\u0117ti deryb\u0173 pagal pateiktas s\u0105lygas.<\/p>\n<p>\u201eGameStop\u201c vadovas Ryanas Cohenas buvo pasi\u016bl\u0119s \u201eeBay\u201c akcininkams po 125 JAV dolerius u\u017e akcij\u0105, derinant grynuosius pinigus ir akcijas. Pagal tuo metu galiojusi\u0105 proporcij\u0105 tai sudaryt\u0173 ma\u017edaug 116 eur\u0173 u\u017e akcij\u0105.<\/p>\n<p>\u201eValdyba, padedama nepriklausom\u0173 patar\u0117j\u0173, i\u0161samiai \u012fvertino j\u016bs\u0173 pasi\u016blym\u0105 ir nusprend\u0117 j\u012f atmesti\u201c, \u2013 sak\u0117 \u201eeBay\u201c valdybos pirmininkas Paulas Pressleris.<\/p>\n<h2>Did\u017eiausias klausimas \u2013 finansavimas<\/h2>\n<p>\u201eeBay\u201c nurod\u0117 kelias esmines rizikas, ta\u010diau ry\u0161kiausiai i\u0161skyr\u0117 neapibr\u0117\u017etum\u0105 d\u0117l finansavimo. Bendrov\u0117 akcentavo, kad si\u016blomos strukt\u016bros atveju i\u0161augt\u0173 skolos na\u0161ta ir atsirast\u0173 papildom\u0173 veiklos rizik\u0173, kurios gali paveikti ir pa\u010di\u0105 \u201eeBay\u201c, ir jungtin\u0119 \u012fmon\u0119.<\/p>\n<p>R. Cohenas teig\u0117, kad \u201eGameStop\u201c yra u\u017esitikrinusi apie 18 mlrd. eur\u0173 finansavimo \u012fsipareigojim\u0105 i\u0161 \u201eTD Securities\u201c, taip pat turi apie 8 mlrd. eur\u0173 gryn\u0173j\u0173. Vis d\u0117lto net ir tokie skai\u010diai rinkoje buvo vertinami kaip nepakankami, turint omenyje bendr\u0105 sandorio vert\u0119 ir galim\u0105 papildomo kapitalo poreik\u012f.<\/p>\n<h2>Reitingai ir analitik\u0173 skepticizmas<\/h2>\n<p>\u201eeBay\u201c pavie\u0161intoje finansavimo dokumentacijoje pabr\u0117\u017eta, kad finansuotoj\u0173 pasitik\u0117jimas siejamas su s\u0105lyga, jog jungtin\u0117 bendrov\u0117 i\u0161laikyt\u0173 investicinio lygio kredito reiting\u0105 bent i\u0161 dviej\u0173 i\u0161 trij\u0173 pagrindini\u0173 reiting\u0173 agent\u016br\u0173. Tokia s\u0105lyga rei\u0161kia, kad sandorio parametrai tur\u0117t\u0173 b\u016bti sud\u0117lioti taip, kad skolos lygis neper\u017eengt\u0173 rib\u0173, kurios paprastai laikomos priimtinomis investiciniam reitingui.<\/p>\n<p>Tuo pat metu \u201eMoody\u2019s\u201c vie\u0161ai \u012fvertino, kad tokia \u012fsigijimo strukt\u016bra b\u016bt\u0173 nepalanki \u201eeBay\u201c kreditingumui, nes reik\u0161t\u0173 reik\u0161mingai didesn\u012f svert\u0105. Volstrito analitikai taip pat k\u0117l\u0117 klausim\u0105 d\u0117l ribot\u0173 sinergij\u0173 tarp vaizdo \u017eaidim\u0173 ma\u017emenininko ir plataus spektro elektronin\u0117s prekybos platformos.<\/p>\n<h2>K\u0105 \u017ead\u0117jo \u201eGameStop\u201c ir k\u0105 atsak\u0117 \u201eeBay\u201c<\/h2>\n<p>R. Cohenas vie\u0161ai ai\u0161kino, kad \u201eeBay\u201c gal\u0117t\u0173 b\u016bti valdoma efektyviau: ma\u017einant darbuotoj\u0173 skai\u010di\u0173 ir karpant rinkodaros biud\u017eet\u0105. Taip pat jis si\u016bl\u0117 \u201eGameStop\u201c ma\u017edaug 1 600 fizini\u0173 parduotuvi\u0173 JAV panaudoti \u201eeBay\u201c siunt\u0173 \u012fvykdymui ir preki\u0173 autenti\u0161kumo tikrinimui.<\/p>\n<p>\u201eeBay\u201c savo ruo\u017etu pabr\u0117\u017e\u0117 pasitikinti dabartine vadovybe ir nurod\u0117, kad pastaraisiais metais bendrov\u0117 sutelk\u0117 strategij\u0105 bei gerino prekyviet\u0117s ir pardav\u0117j\u0173 patirt\u012f. Bendrov\u0117 taip pat akcentavo, kad gr\u0105\u017eino kapital\u0105 akcininkams ir kryptingai stiprino vadinam\u0105sias fokusines kategorijas, pavyzd\u017eiui, kolekcinius daiktus, prekybos korteles ir d\u0117v\u0117tus prabangos gaminius, siekdama i\u0161siskirti i\u0161 did\u017ei\u0173j\u0173 konkurent\u0173, toki\u0173 kaip \u201eAmazon\u201c.<\/p>\n<p>\u201eGameStop\u201c i\u0161kart neatsak\u0117 \u012f \u017einiasklaidos u\u017eklausas d\u0117l \u201eeBay\u201c sprendimo. R. Cohenas anks\u010diau buvo u\u017esimin\u0119s, kad, jei \u201eeBay\u201c atsisakyt\u0173 \u012fsitraukti, jis gal\u0117t\u0173 bandyti kreiptis tiesiogiai \u012f akcininkus, ta\u010diau tokio \u017eingsnio perspektyvos priklausyt\u0173 nuo finansavimo ai\u0161kumo ir investuotoj\u0173 palaikymo.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201eeBay\u201c atmet\u0117 \u201eGameStop\u201c si\u016blym\u0105 perimti bendrov\u0119 u\u017e ma\u017edaug 52 mlrd. eur\u0173, suabejojusi finansavimu, skolos na\u0161ta ir realia sandorio logika.<\/p>\n","protected":false},"author":0,"featured_media":22721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[8013,797,8012,14846,1132,1829],"miestas":[],"class_list":["post-22720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technologijos","tag-ebay","tag-elektronine-prekyba","tag-gamestop","tag-ryanas-cohenas","tag-susijungimai-ir-isigijimai","tag-volstritas"],"acf":[],"_links":{"self":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts\/22720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/comments?post=22720"}],"version-history":[{"count":0,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts\/22720\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/media\/22721"}],"wp:attachment":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/media?parent=22720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/categories?post=22720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/tags?post=22720"},{"taxonomy":"miestas","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/miestas?post=22720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}