GameStop (GME) PT Lowered to $12 at Macquarie

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Go back to GameStop (GME) PT Lowered to $12 at Macquarie

GameStop Concludes Process to Pursue Sale of Company

January 29, 2019 8:02 AM EST

GRAPEVINE, Texas, Jan. 29, 2019 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) today announced that its Board of Directors has concluded its previously announced efforts to pursue a sale of the company in conjunction with its broader review of strategic and financial alternatives.

In June 2018, GameStops Board, together with outside financial and legal advisors, commenced a review of a wide range of alternatives to enhance shareholder value. The Board undertook a comprehensive review process, including discussions with third parties regarding a potential sale of the... More