GAMESTOP Considering Buyout (with HOT TOPIC Owners Interested) - Report

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Credit: GameStop

The video game/electronics/comic book retailer GameStop Corp is considering a possible buyout, according to Reuters. The news outlet reports that GameStop executives are meeting with various private equity firms regarding selling a controlling interest in the company.

One of the firms reportedly interested in the GameStop buyout is Sycamore Partners - who has previously acquired Staples and Hot Topic.

This comes one month after former Microsoft executive/board director Shane Kim was appointed interim CEO of GameStop.

 

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