Feds Approve GameStop, Electronics Boutique Merger

Grapevine, Texas, The Securities and Exchange Commission (SEC) approved the proposed $1.4 billion merger of video-game retailers GameStop Corp. and Electronics Boutique Holdings Corp. The two companies will seek shareholder approval of the merger on Oct. 6.

The merger would give the combined company more than 3,200 stores in the United States and 600 internationally.