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Company History

GameStop traces its roots to Babbage's, a small software retailer that started in Dallas, Texas. The metamorphosis from Babbage's into GameStop began with a series of mergers. The first was with Software Etc., a deal in which businessman Leonard Riggio, formed Babbage’s Etc. LLC.
In 1999, Babbage’s Etc. was sold to Barnes & Noble. The next merger was with Funco, Inc., which was acquired by Barnes & Noble in June 2000. Following this acquisition, Babbage’s Etc became a wholly-owned subsidiary of Funco. At the end of 2000, Funco changed its name to GameStop.
In late 2004, GameStop spun off from Barnes & Noble with its buy back of six million shares of stock from the book seller. GameStop then proceeded to acquire Electronics Boutique (EB Games) in 2005. Finally, in January 2007, GameStop purchased Rhino Video Games from Blockbuster.
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