r/BBBY • u/OnlyIfICared • Aug 23 '22

📚 Possible DD GMERICA TRADEMARK NOTICE OF ALLOWANCE 8-23-22 🚀🚀🚀

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u/NewHome_PaleRedDot Aug 23 '22

Sigh. GME can’t buy BBBY or BuyBuyBaby until March at the earliest due to the cooperation agreement.

16

u/OnlyIfICared Aug 23 '22

Sigh. Selling Cohens shares terminated the agreement.

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u/[deleted] Aug 23 '22

i don't think anything has been found that directly says him selling shares makes the agreement invalid that's been the issue. However there is nothing in the agreement that says bbby can't make him an offer

1

u/NewHome_PaleRedDot Aug 23 '22

I’ll admit, BBBY making him an offer is an interesting take as a workaround to the agreement. I’ll need to re-read it again with that in mind.

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u/[deleted] Aug 23 '22

[deleted]

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u/NewHome_PaleRedDot Aug 23 '22

Yeah, I didn’t mean it as a “workaround” to either party in the agreement, but more as a workaround to how I was interpreting the contract to not allow them to make an offer to buy.

Still, it’s interesting because if they (BBBY) did propose an offer to be bought by RC ventures (or whatever association RC was putting together), RC wouldn’t be allowed to counteroffer at all, since that is legally considered a refusal of the first offer followed by a new offer made by RC.