GameStop to be acquired by private equity firm?
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.
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