Report: Best Buy Might Buy GameStop
Here's a juicy rumor to kick start your week: Best Buy and GameStop, together forever!
You heard right, folks. Rumor has it Best Buy could be eyeing up GameStop as an acquisition target. While initial rumors first did the rounds last week, Best Buy CFO Ryan Robinson, did nothing to dispel speculative reports by refusing to comment this past weekend.
Kotaku reports that Robinson spoke to Dow Jones Newswires and said just enough to keep people wondering:
"What I think is something that we've missed in the industry and is something other participants have been doing is the proportion of business that is used," Robinson told DJ Newswires. "We've not developed the capability to the extent that other participants have. It's a very margin-rich portion, so I think there's opportunity in that business."
What do you think of a Best Buy/GameStop merger, yay or nay? Let us know in the comments below!
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Yay! 2 American companies! Rocking the UK news!
Is it really that hard to put a lil checkbox on bestofmedia's CMS editor that sets which site shows which content?
Mine do, always have done.
First GameStop eats EB Games, now BB eats GameStop. Hello, faceless conglomeration. I don't know what to think, but my inclination is not very positive. Whatever. PC games are being given less and less shelf space in EB Games stores, anyway, so I have less and less of a reason to go there.
I live in the UK. Read the .co.uk news.
Never bought anything from either, not really earth shattering.