Geeknet terminates a purchase agreement with Hot Topic and accepts a $20 per share bid by GameStop.
Outrageous Ventures, which operates e-commerce sites including FunIdeas.com, PrankPlace.com and BigMouthToys.com, has named Tom Tedesco director of business development.
Outrageous Ventures Inc. has appointed Tom Tedesco to the newly created position of director of business development. Tedesco is charged with targeting acquisitions of specialty e-commerce companies related to its portal of offerings.
Outrageous Ventures operates PrankPlace.com, DrinkingStuff.com, FunIdeas.com, GolfGiftsEtc.com and BigMouthToys.com. Tedesco’s primary goal is to help steer the growth of the company via the Big Mouth Toys brand. Big Mouth Toys manufacturers many of the items sold by Outrageous Ventures.
Tedesco previously served as director of basketball operations at the National Basketball Association.