Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

GameStop to sell Spring Mobile business for $700 million

November 21, 2018 6:16 PM
151 0

(Reuters) - The world’s largest video game and gaming console retailer GameStop Corp said on Wednesday it will sell its Spring Mobile business to Prime Communications LP for $700 million.

GameStop said proceeds from the sale may be used to reduce debt, fund share repurchases and reinvest in core video game and collectibles businesses.

Read more

Share in social networks:

Comments - 0