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Two companies are quietly in the process of bidding for the physical game retailer GameStop and the business could go up for sale as early as mid-February, according to a source familiar with the company.

Alissa McAloon, Publisher

January 10, 2019

1 Min Read

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.

About the Author(s)

Alissa McAloon

Publisher, GameDeveloper.com

As the Publisher of Game Developer, Alissa McAloon brings a decade of experience in the video game industry and media. When not working in the world of B2B game journalism, Alissa enjoys spending her time in the worlds of immersive sandbox games or dabbling in the occasional TTRPG.

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