From Geeknet's press release.
Ken Langone, Chairman of Geeknet, added, "We are very pleased to find a new home for our media business, providing a platform for the sites and our media teams to thrive. With this transaction completed, we will now focus our full attention on growing ThinkGeek."
GKNT closed yesterday (02012.09.17) at $18.46. 52-week range: $12.07 - $21.62.
[update::02012.09.18] GKNT closed at $19.09, up 3.4% for the day. Volume as just slightly above average.
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