Barnes & Noble to acquire Babbage’s Etc

Barnes & Noble to acquire Babbage’s Etc is today’s business-side update, the sort of suit-and-spreadsheet news that still decides what games actually reach players.

The useful part: Babbage’s Etc. also recently launched a web site, gamestop.com, to sell video games and personal computer software online. The purchase price of $215 million consists of $189 million in cash, and the assumption of $26 million in certain liabilities. If financial performance targets are met over the next two fiscal years, Barnes & Noble, Inc. Listed pricing shows $215, so this is not vapor sitting on a press sheet.