PS2 News: GameStop To Acquire Electronics Boutique - PS2 News

Members Login: Register | Why sign up? | Forgot Password?

GameStop To Acquire Electronics Boutique

Two retail giants are set to become one, as video game retailer GameStop has agreed to buy its rival Electronics Boutique for $1.4 Billion in combined cash and stock.

GameStop operates approximately 1,800 stores in North America, and had revenue of $1.85 Billion in the previous year. Electronics Boutique has 2,000 stores in North America, the United Kingdom, Australia, and New Zealand, and had sales last year of roughly $2 Billion.

Antitrust regulators and shareholders of both companies must still approve the deal. The two largest shareholders of each company, as well as their boards, have already unanimously approved the deal.

4/18/2005 Frank Provo

Put this on your webpage or blog:
Email this to a friend
Follow PSX Extreme on Twitter

Share on Twitter Share on Facebook Share on Google Share on MySpace Share on Delicious Share on Digg Share on Google Buzz Share via E-Mail Share via Tumblr Share via Posterous




New Comment System


Legacy Comment System (0 posts)


There are no comments to display.

Leave a Comment

Please login or register to leave a comment.

Latest Updates

Shadow of the Colossus Review
6d, 15h, 30m ago (2 comments)

Strikers Edge Review
10d, 16h, 10m ago (19 comments)

Okami HD Review
11d, 14h, 2m ago (6 comments)

Ultimate Chicken Horse Review
15d, 8h, 56m ago (16 comments)

Black Mirror Review
30d, 20h, 58m ago (23 comments)

Our Poll

How often do you visit the site?
Once a day
Several times a day
Every few days
Once a week
This is my first visit
I've never been here, even now I am not here

Previous Poll Results