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Gamestop In Talks With Private Equity Firms for Buyout
Video game and electronics retailer GameStop Corp is holding talks with private equity firms about a potential transaction after receiving buyout interest, people familiar with the matter said on Monday.I know that this is a lot drier than the news/posts I normally share, but I felt this was worth noting, especially considering that similar firms were what lead to the death of Toys R Us.
And oh yeah, GameStop owns ThinkGeek right now too, after blocking Hot Topic from buying them.
I’m no GameStop stan or anything, just a shame to see another brick and mortar retailer get strangled like this.
Tuesday June 19, 2018