Did GameStop Buy EB Games?

On Thursday, October 6, 2005, shareholders from EB Games and GameStop agreed to a $1.44 billion takeover deal. The deal offered $38.15 in cash as well as approximately ¾ of a share of GameStop stock for every 1 share of EB Games stock. This offer was a 34.2% premium on the $41.12 per share closing price of EB Games stock.

Is EB Games a real company?

EB Games (formerly known as Electronics Boutique and EB World) is an American computer and video games retailer. First established as an American company in 1977 by James Kim with a single electronics-focused location in the King of Prussia mall near Philadelphia, the company has grown into an international corporation.

Where is EB Games located?

First established as an American company in 1977 by James Kim with a single electronics-focused location in the King of Prussia mall near Philadelphia, the company has grown into an international corporation. EB Games's parent company, GameStop, has its headquarters in Grapevine, Texas, a suburb of Dallas.