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ELBO Acquired by GameStop
We profiled Video Game Store Chain Electronics Boutique (ELBO) at $42.55 on 03/24. Today it was announced that Gamestop would buy ELBO for $1.44 billion in cash and stock. As a result, ELBO gained 34% today, closing at $55.21 and is no longer appearing on our Intrinsic Value screen.
