Funco Battle

Just days after Electronic Boutique announced a definitive merger agreement with Funco, rival game retailer Babbage's is making a buyout play. Babbage's is set to offer $135 million to acquire Funco, significantly above EB's offer of $110 million. Babbage's, a division of Barnes and Noble, said it is prepared to pay its offer price in cash or in combination of cash and Barnes and Noble stock. The Funco board of directors promised to meet to consider the offer.