GameStop Corp. and Electronics Boutique Holdings Corp., two of the largest video game sellers in the United States, said June 9 that their merger has the green light to proceed.


SAN FRANCISCO (The Hollywood Reporter) -- GameStop Corp. and Electronics Boutique Holdings Corp., two of the largest video game sellers in the United States, said June 9 that their merger has the green light to proceed.

The companies -- which combined would represent between 20% and 30% of the overall market for video game products and virtually the entire market for used games -- said the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired June 8.

The merger transaction, which is expected to close in the third quarter, remains subject to approval by the stockholders of each company.