There was no one who would buy
GameStop announced that it has called off a decision to find a private buyer for the company and its subsidiaries.
GameStop is being forced to shutter at least 150 of its 7,500 US stores.
Made it an offer it could not refuse
Last week it was reported how Geeknet Inc. was in the process of being bought out by retailer Hot Topic for $16 a share or $37 million in cash.
No one wants a new console
GameStop sales are drying up as gamers lose interest in the latest generation of consoles.
It is flying off the shelves it went on sale
Expects Sony to sell 2+ million units before end of quarter
Initial allotment of PS4 units is a sell out
GameStop shares drop by 5% over the news
Only for PowerUp Rewards members
Deluxe sold out, and Basic won’t last much longer