GameStop surges 11% after company says it will sell Spring Mobile division for $700 million [CNBC]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
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Source: CNBC
Gamestop is selling its wireless division Spring Mobile for $700 million GameStop announced Wednesday it agreed to sell its Spring Mobile business for $700 million. GameStop's stock spiked 15 percent on the news. The company says the sale will provide it immediate cash and allow it to focus more on entertainment and collectibles. Lauren Feiner Published 3 Hours Ago Updated 7 Mins Ago CNBC.com
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