From Gamespot.com, haha no correlation: GameStop buying EB Games
Former retail rivals to merge in $1.44 billion deal; new company will be biggest game-store chain in America.
With the launch of the PSP, the unveiling of all three next-generation platforms, and the almost assured launch of the next-gen Xbox, 2005 was already shaping up to be a wild year for the games industry. Today, it got even wilder when the two top specialty game retailers in the US revealed they will soon become one.
At the beginning of the East Coast business day, GameStop Corp. and Electronics Boutique Holdings Corp., owner of EB Games, announced they had signed a "definitive merger agreement." In fact, the deal will see GameStop, which saw $1.84 billion in sales during its last fiscal year, buy Electronics Boutique, which sold $1.98 billion sales during its 2005 fiscal year.
For the full story go to http://www.gamespot.com/news/2005/0...ws_6122418.html
My opinion was that gamestop was a lot easier to work with, but now with the two stores becoming one, the competition will be less, so that means even lower exchange prices, and game prices wont go down as much. Even though in the article, gamestop supposedly bought eb games to fight off stores like Wal-Mart, Toys R' Us, and all those stores.
What is your opinion?