GameStop's murky future may be getting brighter.
Following the retailer's report of a third quarter loss of over $488 million in November last year, it seems like the company might be getting a much-needed helping hand with rumours of a buyout, expected to be completed by the end of February, 2019.
According to The Wall Street Journal (via MCV), two companies are currently vying over the high street store - Sycamore Partners, and Apollo Global Management. All three companies declined to comment when WSJ reached out to them.
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Following the retailer's report of a third quarter loss of over $488 million in November last year, it seems like the company might be getting a much-needed helping hand with rumours of a buyout, expected to be completed by the end of February, 2019.
According to The Wall Street Journal (via MCV), two companies are currently vying over the high street store - Sycamore Partners, and Apollo Global Management. All three companies declined to comment when WSJ reached out to them.
Continue reading…
Continue reading...