GameStop to be acquired by private equity firm?
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On March 18th, 2010 in Uncategorized -
According to recent rumors, mega game retailer GameStop, by far the largest in the world, might be bought up by an unnamed private equity firm for just under $5 billion, which is 33 percent more than GameStop’s current market value at $3.3 billion. The private equity firm will reportedly turn GameStop back into a private company instead of a public one. GameStop responded to the rumor saying “We do not comment on speculation or rumor”, which pretty much says it all.