Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
January 22, 2019
arrowPress Releases






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Report: GameStop ownership to change hands as early as mid-February

Report: GameStop ownership to change hands as early as mid-February

January 10, 2019 | By Alissa McAloon

January 10, 2019 | By Alissa McAloon
Comments
    Post A Comment
More: Console/PC



At least two companies are quietly in the process of bidding for ownership of the physical game retailer GameStop and a sale could be announced as early as mid-February, according to a source familiar with the company.

This is from a Wall Street Journal story spotted by GameSpot that says at least two companies, including Sycamore Partners and Apollo Global Management, are looking at potentially purchasing the retailer, though all three companies declined to comment on the rumors.

This comes during an ongoing rough patch for GameStop. The company has reported falling profits and revenue across many of its recent quarterly reports and, as of last summer, said it was in ‘exploratory discussions’ with external companies regarding a “potential transaction” that, according to a source, also involved Sycamore Partners.



Related Jobs

Infinity Ward / Activision
Infinity Ward / Activision — Woodland Hills, California, United States
[01.21.19]

Senior Visual Effects Artist
Impulse Gear, Inc.
Impulse Gear, Inc. — San Francisco, California, United States
[01.20.19]

Senior Software Engineer
Monomi Park
Monomi Park — San Mateo, California, United States
[01.18.19]

Senior Game Designer
Wargaming Sydney
Wargaming Sydney — Broadway, New South Wales, Australia
[01.17.19]

Gameplay Programmer, C++ - Vehicle Physics









Loading Comments

loader image