GameStop buys Electronics Boutique. ] In retrospect, we all should have seen this coming. I ] mean, given this year's rash of mergers and buyouts, how ] long would it take for someone to try and snap up ] fast-growing, profitable game retailer Electronics ] Boutique (Nasdaq: ELBO)? ] ] Although the merger makes all kinds of sense if the ] promised synergies work out, it's also an example of one ] of those little Wall Street ironies, where a fish ] dislocates its jaw to swallow an even bigger fish: ] Electronics Boutique has more stores, higher sales, and ] an established international presence, and it's been ] expanding the top line more quickly over the past months ] to boot. And so for the day we have Adobe buying Macromedia and GameStop buying EB. What other obvious arts and entertainment technology companies are on the near horizon? Nintendo and someone? |