Posts tagged with "Buyout"
GAME Group PLC has issued a press release today regarding the state of the company, in which it states that they have requested to be delisted from the London Stock Exchange as of 7:30 am today. Apparently the reason for this move is that the board believes there is no value left in the group.
The full statement can be read below:
“Further to the announcements of 12 March 2012 and 14 March 2012, the board of GAME has assessed the status of the...
Like Zelda’s vision of a boy with a fairy coming from the forest, there is hope on the horizon for the UK specialist games retailer, following reports that OpCapita has made a buyout offer for GAME Group.
Once again reported by The Times and later confirmed by MCV, OpCapita, the parent company which owns Comet, has made a complete buyout offer for the group.
This buyout offer includes repaying all of the groups suppliers. This includes Sony who,...