Is GameStop the Next Berkshire Hathaway? Here Are 3 Ways the Company Could Spend Its $4 Billion Cash Pile
The videogame retailer appears to be angling to become an investment-holding company, some analysts say. But there are other ways it could put its money to work.How will GameStop spend its $4 billion cash hoard?Here are three possible plans.Following its latest stock sale, GameStop Corp. now has a war chest of about $4 billion — and a retail business that most professional analysts describe as a melting ice cube.This dichotomy between the company’s burgeoning cash hoard and shrinking business is