It’s been almost a year since Guardians of the Galaxy graced the silver screen, and FINALLY there are enough officially licensed items to put together a post.
Last week there was speculation that Hot Topic would be purchasing Thinkgeek. And honestly, we were excited for the prospect, especially given their recent track record. However, today, in an interesting turn of events, it was announced that Gamestop (yes, THAT Gamestop) would be acquiring Thinkgeek.
“GRAPEVINE, Texas & FAIRFAX, Va.–(BUSINESS WIRE)–GameStop Corp. (NYSE: GME), a family of specialty retail brands that makes the most popular technologies affordable and simple, and Geeknet, Inc. (Nasdaq: GKNT) (“Geeknet”), the parent company of ThinkGeek and ThinkGeek Solutions, today announced they have entered into a definitive agreement under which GameStop will acquire all of the outstanding shares of Geeknet’s common stock for $20.00 per share in cash. The transaction has been approved by the board of directors of both companies and will be completed by means of a tender offer. The transaction has a total equity value of approximately $140 million, including $37 million of cash and cash equivalents as of March 31, 2015.
Geeknet also announced that it had terminated its previously announced merger agreement with Hot Topic, Inc. (“Hot Topic”). Following discussion with both GameStop and Hot Topic, the Board of Directors of Geeknet determined that the GameStop transaction represented a superior proposal. Geeknet will pay Hot Topic a termination fee pursuant to the Hot Topic agreement, for which GameStop has agreed to reimburse Geeknet.”
Read the rest of the press release here.
While we typically don’t do this type of post, but there’s no denying that this could easily affect the future of geek fashion as it is related to Thinkgeek. Our hope is that Thinkgeek remains as it is, and continues to be a great source of geeky items. However, there’s still cause for concern given that this is territory that Gamestop has never been a part of.
We’ll definitely be keeping an eye on this acquisition as it develops, and hope for the best. What are your thoughts on this? We’d love to hear them in the comments!
Over the years May the Fourth has gone from a little known unofficial holiday celebrated by only the most hardcore of Star Wars fans, to a commercially known Star Wars extravaganza. Holidays or anniversaries of any kind automatically mean special deals from companies, and this year is the best we’ve ever seen for various Star Wars awesomeness!
While we’ve seen companies and blogs make use of the term “geek fashion week” in the last year or two to celebrate specific products or geek fashion in general, this year we finally see an actual Geek Fashion Week event! How exciting! Hosted simultaneously online and in L.A. the week of March 23rd – 29th, Geek Fashion Week is the brainchild of friend and fellow geek fashionista Dina Kampmeyer, along with a team of other fashionably amazing geeks. It’s time to level up your fashion.
It’s that time of year again, one of the best weekends for buying great geeky items for your loved ones, and maybe even snagging an item or two for yourself! We’ve compiled a list of companies running Black Friday Deals and Cyber Monday Deals. We’ll be adding to the list as more pop up, and if you know of any that we may have missed, let us know!
Not all of us can rock the cold of space with our rippling chest muscles exposed the way Khan could (and could he ever) . For the rest of us who would like to be a little bit warmer, and a lot more clothed, there’s a new release of Star Trek (and Star Wars!) themed Her Universe long-sleeved tees available at ThinkGeek!
There’s something to be said about the fact that I’m currently writing this post during a heat wave in Southern California. However, for the rest of you, fall weather is right around the corner. For this post, we’re putting together some great geeky finds that you can incorporate into your wardrobe as the weather cools.
One of my favorite parts of SDCC, other than the fashion show, is checking out new geek merchandise. Many of my favorite places to buy from are often online sources, so being able to see what everything looks like in person is always a treat. I hit the floor on Friday and Saturday on the look out for anything geek chic to wear or for the home.
This is your last day to enjoy great deals on most Star Wars, Star Trek, and Doctor Who items over at Think Geek as part of their STARSTUFF Sale. With savings up to 40% off, you’ll definitely want to check this out before the deals are gone tonight!
Check out some of of our favorite pieces on sale after the cut:
Love it or hate it, Valentine’s Day is a week away! It’ll be a great weekend to make a loved one smile, and whether you’re taken or single, it’s as good a time as any to flaunt your fabulous geek style.
Rounding out our trio of Valentine’s Day related gift guides (find our other guides HERE and HERE), today’s guide features some current love-related fandom clothing and accessories, as well as a few general pieces, that are sure to make a perfect gift for your partner or that finishing touch to your Valentine’s Day themed geeky outfit!
Prepare yourself for kisses and hearts…