Videogame and electronics retailer GameStop is holding talks with private equity firms about a potential transaction after receiving buyout interest, people familiar with the matter said on Monday.
The company has hired a financial advisor to assist in these discussions, said the people, who asked not to be named because the matter is private.
Sycamore Partners is one of the private equity firms that has expressed interest in GameStop, one of the people said.
There is no guarantee the talks will result in GameStop deciding to sell itself, the people cautioned.
GameStop and Sycamore declined to comment.
