[citation][nom]macrimmon12[/nom]First of all, the "spin-off" you are talking about happened 5 years ago, not 10. It was done so that GS's debts (which were substantial after aquiring the debts from several smaller companies they absorbed) would not directly impact B&N. Secondly, the management between the two are in many cases the same people. The companies retain a financial connection, with an amount of Gamestop assets being owned by Barnes and Noble. B&N is integrating Gamestop products and services into BN.com. The connection between the two companies is tighter than many other wholly owned subsidiaries. Gamestop information and financial reports of frequently issued to B&N stockholders and employees alike, and vice versa. Its safe to say, that without the blessing of B&N, the aquisition of GS by Best Buy is an errant rumor at best. It behooves a poster to fact check, and that doesn't include looking it up on wikipedia.[/citation]
Well I worked as a manager for the company for 8 years, which would probably mean that I know a bit more about the GS than you. B&N broke the strong relationship they had about 5 years before GS purchased EB Games. I know because I was there... If you are just some investor, then apparently people should never trust their money with an investor because they have incorrect information.
Gamestop profits on used games is ungodly high so they quickly made their money back from purchasing up the smaller companies such as Software ETC and those other smaller companies. If I remember correct that was completely paid off in 3 years (the debt from purchasing those companies) 2 years later, B&N sold their stock in GS