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GameStop plans to retire senior notes with stock repurchase funds
By Marisa Wong
Madison, Wis., Sept. 15 - GameStop Corp. plans to retire its senior notes using $200 million of additional repurchase funds, according to a news release.
The company's board of directors authorized $500 million in additional repurchase funds. This program is incremental to the initial $300 million stock repurchase plan announced in January 2010, according to the release.
Based in Grapevine, Texas, GameStop is video game and entertainment software retailer.
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