Get excited gamers, because GameStop just released its Black Friday ads and it looks like it’s going to be a very happy holiday for the gaming folk. We think the most noteworthy Black Friday deals at GameStop are its Door Buster sales, like the Xbox 360 Elite Holiday Bundle and the PS3 120GB Holiday Bundle—both are priced at $299.99 and come with
Tag Archive: GameStop
Amazon Challenges GameStop by Booting Up Video Game Trade-Ins
Online mega-retailer Amazon.com is taking on leading games retailer GameStop by launching a game trade-in program. Under the deal, gamers can pack up unwanted titles in good condition and mail them to Amazon; in return, Amazon will give the gamers credit they can use to buy other goods from Amazon—including a 10 percent bonus towards purchases from Amazon’s video games store.
GameStop Buys Micromania for $700 Mln
Video game seller GameStop has announced it is buying French gaming retailer Micromania for some $700 million. Micromania is currently held by the private equity fund L Capital—so that’s who’s actually getting the money—but the acquisition gives GameStop a serious foothold in Europe. GameStop currently has no in France, and will gain some 332 locations in the country as part of the deal. By acquiring Micromania, GameStop will be able to boost its presence in Europe to over 1,000 stores; worldwide, GameStop will operate almost 6,000 locations.
EB Games and Game Stop to Merge
“America’s largest videogame retail chains, GameStop and Electronics Boutique, have announced their intention to merge in a $1.44 billion deal which will create the world’s largest games retailer, with around $4 billion in annual turnover.
Under the terms of the deal, GameStop will acquire all the outstanding shares in Electronics Boutique for $55.18 – a 34 per cent premium over the closing price of its rival on Friday evening.”
Read more at Gamesindustry.biz
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