GameStop To Acquire EBGames
by Rainier on April 18, 2005 @ 8:11 a.m. PDT | Filed under News
GameStop announced today that it would buy rival Electronics Boutique Holdings Corp. for $1.44 billion in cash and stock, likely creating the leading video game retailer in the United States. Electronics Boutique stock jumped 29 percent, while GameStop shares fell 1.6 percent in early trading.
