GameStop Corp.NYSE
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  • Jun. 2, 2015, 2:46 PM
    • GameStop (GME +1.4%) outbids Hot Topic for Geeknet (NASDAQ:GKNT) with a $20 per share offer.
    • The acquisition will give the retailer a new revenue channel through the ThinkGeek collectibles brand which has a loyal following.
    • Shares of Geeknet are up 0.35% to $19.85.
    | Jun. 2, 2015, 2:46 PM
  • Jan. 5, 2015, 8:50 AM
    • The PetSmart LBO strategy could be utilized again in the retail sector amid the current low interest rate environment, note analysts.
    • Bloomberg picks some top candidates to see a LBO play this year.
    • GameStop (NYSE:GME): Valuation has been driven down to a level that could attract P-E firms.
    • Bed Bath & Beyond (NASDAQ:BBBY): Spinoff opportunities and a lagging stock price make BBBY a LBO natural, note sector watchers.
    • Pier 1 Imports (NYSE:PIR): A buyer would have plenty of opportunities to cut costs and set a turnaround strategy.
    • Dick's Sporting Goods (NYSE:DKS): Perhaps the surprise in the bunch, but analysts see upside potential in a LBO scenario as a shift in focus is enacted.
    • Previous on LBOs in retail: Retail trends to watch
    | Jan. 5, 2015, 8:50 AM | 5 Comments
  • Mar. 14, 2012, 12:05 PM

    Wal-Mart (WMT) has talked with struggling British gaming retailer GAME about a possible acquisition, reports industry site MCV. It's added GameStop (GME -1.8%) is also interested in buying GAME, but has been waiting for the company to go into bankruptcy to make a move, though Wal-Mart's overtures could force it to move faster.

    | Mar. 14, 2012, 12:05 PM