October 7, 2005 - Stockholders for both Gamestop and Electronics Boutique have approved the merger of the two retail chains to create what is considered to be the largest videogame retailer in the United States.
The newly combined company will be known as Gamestop Corp. and will control approximately 25% of the video games sales in the United States and have a virtual lock on the more profitable used game market. The deal, when announced in April, was valued at about $1.4 billion.
by Wade Steel
by Wade Steel
No comments:
Post a Comment