
GameStop Corp. (NYSE:GME) Files An 8-K Other Events
Item 8.01
On June 10, 2019, GameStop Corp., a Delaware corporation (the Company), announced that it intends to commence a modified Dutch auction self-tender offer to purchase up to 12,000,000 of its shares of Class A common stock (Common Stock), or such lesser number of its shares of Common Stock as are properly tendered and not properly withdrawn, at a purchase price of not greater than $6.00 and not less than $5.20 per share, net to the tendering stockholder in cash (the Offer). The Offer is expected to commence on June 11, 2019 and expire at 5:00 p.m., New York City time, on July 10, 2019, unless extended.
Attached as Exhibit 99.1, and incorporated by reference herein, is a copy of the Companys press release dated June 10, 2019 announcing the Companys intention to commence the Offer.
Tender Offer Statement
This communication is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any shares of Common Stock. On the commencement date of the Offer, a tender offer statement on Schedule TO, including an offer to purchase, a letter of transmittal and related materials, will be filed with the Securities and Exchange Commission (the SEC) by the Company. The solicitation and offer to buy shares of Common Stock will only be made to the offer to purchase, the letter of transmittal and the related materials that the Company will file as part of the Schedule TO. Shareholders should carefully read those materials when they are available because they will contain important information, including the various terms and conditions of the Offer. Neither the Company nor its directors make any recommendation as to whether to tender shares or as to the price at which to tender them. Shareholders may obtain free copies, when available, of the tender offer statement on Schedule TO, the offer to purchase, the letter of transmittal and the related materials that will be filed by the Company with the SEC at the commissions website at www.sec.gov. Once the tender offer is commenced, shareholders also may obtain a copy of these documents, without charge, from the investor relations section of the Companys website: www.gamestop.com or from the information agent for the tender offer.
99.1 | Press Release dated June 10, 2019. |