EXHIBIT INDEX
Exhibit No. Description
2.1 Agreement and Plan of Merger, dated as of April 17, 2005, by and among
GameStop Corp. (f/k/a GSC Holdings Corp.), GameStop, Inc., GameStop
Holdings Corp. (f/k/a GameStop Corp.), Eagle Subsidiary LLC, Cowboy
Subsidiary LLC and Electronics Boutique Holdings Corp. (incorporated
by reference to Exhibit 2.1 to Electronic Boutique Holdings Corp.'s
Current Report on Form 8-K filed on April 18, 2005).
4.1 Registration Rights Agreement, dated October 8, 2005, among EB Nevada
Inc., James J. Kim and GameStop Corp. (f/k/a GSC Holdings Corp.)
(incorporated by reference to Exhibit 10.2 to GameStop Corp.'s Current
Report on Form 8-K filed on October 12, 2005).
5.1 Opinion of Bryan Cave LLP as to the legality of securities being
registered.
23.1 Consent of Bryan Cave LLP (included as part of Exhibit 5.1).
23.2 Consent of BDO Seidman, LLP.
23.3 Consent of KPMG LLP.
24.1 Power of Attorney (included on signature page).
October 12, 2005
GameStop Corp.
625 Westport Parkway
Grapevine, Texas 76051
Ladies and Gentlemen:
We have acted as counsel to GameStop Corp. (the "Company") in connection with
the Registration Statement on Form S-3 (the "Registration Statement") filed with
the Securities and Exchange Commission under the Securities Act of 1933, as
amended (the "Act"), and the rules and regulations under the Act (the "Rules"),
with respect to 9,115,950 shares of the Company's Class A common stock, par
value $0.001 per share ("Class A Common Stock"), issued to EB Nevada Inc., Agnes
C. Kim, David D. Kim Trust of December 31, 1987, John T. Kim Trust of December
31, 1987 and Susan Y. Kim Trust of December 31, 1987 (collectively, the "Selling
Stockholders") and to be sold by the Selling Stockholders in the offering
contemplated by the Registration Statement (the "Offering").
This opinion is being furnished in accordance with the requirements of Item
601(b)(5) of Regulation S-K under the Act.
In connection herewith, we have examined the Registration Statement, the
Company's Amended and Restated Certificate of Incorporation and Amended and
Restated Bylaws. We have also examined originals or copies, certified or
otherwise identified to our satisfaction, of such other corporate records,
agreements and instruments of the Company, certificates of public officials and
officers of the Company, and such other documents, records and instruments, and
we have made such legal and factual inquiries as we have deemed necessary or
appropriate as a basis for us to render the opinions hereinafter expressed. In
our examination of the foregoing, we have assumed the genuineness of all
signatures, the legal competence and capacity of natural persons, the
authenticity of documents submitted to us as originals and the conformity with
authentic original documents of all documents submitted to us as copies. When
relevant facts were not independently established, we have relied without
independent investigation as to matters of fact upon statements of governmental
officials and upon representations made in or pursuant to certificates and
statements of appropriate representatives of the Company.
In connection herewith, we have assumed that all of the documents referred to in
this opinion have been duly authorized by, have been duly executed and delivered
by, and constitute the valid, binding and enforceable obligations of, all of the
parties to such
GameStop Corp.
October 12, 2005
Page 2
documents, all of the signatories to such documents have been duly authorized
and all such parties are duly organized and validly existing and have the power
and authority (corporate or other) to execute, deliver and perform such
documents.
Based upon the foregoing and in reliance thereon, and subject to the
assumptions, comments, qualifications, limitations and exceptions set forth
herein, we are of the opinion that the Class A Common Stock has been duly
authorized and, when issued in accordance with the Company's Amended and
Restated Certificate of Incorporation, will be validly issued, fully paid, and
nonassessable.
Our opinion herein reflects only the application of the Federal laws of the
United States and the General Corporation Law of the State of Delaware. The
opinion set forth herein is made as of the date hereof and is subject to, and
may be limited by, future changes in the factual matters set forth herein, and
we undertake no duty to advise you of the same. The opinion expressed herein is
based upon the law in effect (and published or otherwise generally available) on
the date hereof, and we assume no obligation to revise or supplement this
opinion should such law be changed by legislative action, judicial decision or
otherwise. In rendering our opinion, we have not considered, and hereby disclaim
any opinion as to, the application or impact of any laws, cases, decisions,
rules or regulations of any other jurisdiction, court or administrative agency.
We hereby consent to the filing of this opinion as Exhibit 5.1 to the
Registration Statement and to the use of our name under the caption "Legal
Matters" in the prospectus filed as a part thereof. We also consent to your
filing copies of this opinion as an exhibit to the Registration Statement with
agencies of such states as you deem necessary in the course of complying with
the laws of such states regarding the offering and sale of the Class A Common
Stock. In giving such consent, we do not thereby concede that we are within the
category of persons whose consent is required under Section 7 of the Act or the
Rules and Regulations of the Commission thereunder.
Very truly yours,
/s/ Bryan Cave LLP
Exhibit 23.2
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
GameStop Holdings Corp.
Grapevine, Texas
We hereby consent to the incorporation by reference in the Prospectus
constituting a part of this Registration Statement of our reports dated March
30, 2005 (except for Note 16, which is dated August 24, 2005), relating to the
consolidated financial statements, the effectiveness of GameStop Holdings
Corp.'s (f/k/a GameStop Corp.) internal control over financial reporting, and
the financial statement schedule of GameStop Holdings Corp. appearing in the
Company's Annual Report on Form 10-K/A for the year ended January 30, 2005.
We also consent to the reference to us under the caption "Experts" in the
Prospectus.
/s/ BDO Seidman, LLP
BDO SEIDMAN, LLP
Dallas, TX
October 6, 2005
Exhibit 23.3
Consent of Independent Registered Public Accounting Firm
We consent to the use of our reports dated April 7, 2005, with respect to the
consolidated balance sheets of Electronics Boutique Holdings Corp. as of January
29, 2005 and January 31, 2004, and the related consolidated statements of
income, stockholders' equity, and cash flows for each of the years in the
three-year period ended January 29, 2005, and the related financial statement
schedule, management's assessment of the effectiveness of internal control over
financial reporting as of January 29, 2005, and the effectiveness of internal
control over financial reporting as of January 29, 2005, incorporated herein by
reference and to the reference to our firm under the heading "Experts" in the
Form S-3 registration statement.
Our report with respect to the consolidated financial statements refers to a
change in the method of accounting for consideration received from a vendor.
/s/ KPMG LLP
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Philadelphia, Pennsylvania
October 6, 2005