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Electronics Boutique Holdings Corp

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BUSINESS
March 20, 2001 | From Reuters
An Enron Corp. unit signed a long-term deal Monday to help launch software retailer Electronics Boutique Holdings Corp.'s video-games-on-demand Web service, just days after the collapse of Enron's video-on-demand venture with Blockbuster Inc. Starting June 1, the Electronics Boutique subsidiary EBWorld.com plans to stream leading video games for rental to broadband Internet customers.
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BUSINESS
April 19, 2005 | From Reuters
Video game retailer GameStop Corp. said Monday that it would buy competitor Electronics Boutique Holdings Corp. for $1.44 billion in cash and stock, creating a company that would rival Wal-Mart in game sales. The combined entity would have more than 3,200 stores in the United States and 600 stores internationally, with annual revenue approaching $4 billion and a dominant position in the growing market for used-game sales.
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BUSINESS
April 22, 2000 | Bloomberg News
Funco Inc., a seller of new and used video games, said it accepted Electronics Boutique Holdings Corp.'s sweetened offer of $21 a share, or $135 million. Funco said rival Electronics Boutique boosted the $17.50 a share it offered April 3 to match a higher offer made three days later by Barnes & Noble Inc. Funco said April 13 it would accept the higher bid, made through Barnes & Noble's Babbage's Etc.
BUSINESS
March 20, 2001 | From Reuters
An Enron Corp. unit signed a long-term deal Monday to help launch software retailer Electronics Boutique Holdings Corp.'s video-games-on-demand Web service, just days after the collapse of Enron's video-on-demand venture with Blockbuster Inc. Starting June 1, the Electronics Boutique subsidiary EBWorld.com plans to stream leading video games for rental to broadband Internet customers.
BUSINESS
April 19, 2005 | From Reuters
Video game retailer GameStop Corp. said Monday that it would buy competitor Electronics Boutique Holdings Corp. for $1.44 billion in cash and stock, creating a company that would rival Wal-Mart in game sales. The combined entity would have more than 3,200 stores in the United States and 600 stores internationally, with annual revenue approaching $4 billion and a dominant position in the growing market for used-game sales.
BUSINESS
April 4, 2000 | Bloomberg News
Electronics Boutique Holdings Corp., a video- and computer-game retailer, agreed to buy Funco Inc. for about $110 million, or $17.50 a share, to become the world's largest specialty retailer of electronic games. Following the cash transaction, the combined company would have annual sales of almost $1 billion and about 7,000 employees. Funco sells new and used video games, along with related hardware and accessories, through 400 retail "FuncoLand" stores and its Web site.
BUSINESS
April 7, 2000 | Bloomberg News
Funco Inc., which sells new and used video games, said it received an unsolicited $135-million buyout offer from Barnes & Noble Inc., topping a bid from Electronics Boutique Holdings Corp. Barnes & Noble, the largest U.S. bookseller, offered to pay cash or a combination of cash and stock, at Funco's option. The bid is 23% higher than the cash offer of $110 million, or $17.50 a share, from rival Electronics Boutique that Funco agreed to Monday.
BUSINESS
August 9, 2002 | ALEX PHAM and ABIGAIL GOLDMAN, TIMES STAFF WRITERS
Consumer electronics retail giant Best Buy Co. warned Thursday that profit in the current quarter would be more than a third less than originally projected, triggering a 36% drop in its shares and a slide in the stock of other electronics and video game retailers.
BUSINESS
December 26, 2003 | Alex Pham, Times Staff Writer
A taco wasn't what mobile phone giant Nokia had in mind when it launched an ambitious effort to crack the portable video game market and dethrone longtime leader Nintendo Co. a few months ago. Since then, the Finnish phone maker's $300 N-Gage -- a game machine with a phone -- has been largely ignored by consumers and roundly ravaged by critics who have derided what they see as its awkward design and ungainly form. "It's too expensive," said GameSpy.com editor Dave Kosak.
BUSINESS
August 19, 2000 | JERRY HIRSCH, TIMES STAFF WRITER
Sony Corp. won't sell its first PlayStation 2 video game console in the United States until the end of October, but shares of companies expected to benefit from what looks like the hottest consumer item of the Christmas season already are rising. Businesses as varied as mall retailer Electronics Boutique to big-box chain Best Buy to video game maker Electronic Arts should profit from an estimated $1 billion in PlayStation 2-related sales in October, November and December.
BUSINESS
April 22, 2000 | Bloomberg News
Funco Inc., a seller of new and used video games, said it accepted Electronics Boutique Holdings Corp.'s sweetened offer of $21 a share, or $135 million. Funco said rival Electronics Boutique boosted the $17.50 a share it offered April 3 to match a higher offer made three days later by Barnes & Noble Inc. Funco said April 13 it would accept the higher bid, made through Barnes & Noble's Babbage's Etc.
NEWS
August 19, 2001 | WALTER HAMILTON, TIMES STAFF WRITER
Shortly after the Internet stock craze began in mid-1998, Wall Street stock analyst Lise Buyer got a phone call she'll never forget. The caller was a professional investor who accused Buyer of fueling an Internet stock sell-off by publishing a report that showed a temporary drop in traffic at several prominent Web sites. The investor "just went ballistic at me, saying how could I have been so stupid," recalls Buyer. Last year, she quit the analyst ranks to join a venture capital firm.
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