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Published on 10/31/2007 in the Prospect News Special Situations Daily.

GameStop investor sells 2 million shares

By Lisa Kerner

Charlotte, N.C., Oct. 31 - GameStop Corp. investor Leonard Riggio reported owning 11,792,122 shares, or 7.3%, of the company's outstanding stock following a series of transactions between Oct. 24 and Oct. 29.

Riggio sold a total of 2 million shares of GameStop stock at share prices of $57.15 and $58.77 each, according to a schedule 13D filing with the Securities and Exchange Commission.

GameStop is video game retailer based in Grapevine, Texas.


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