Posts tagged with "Game Stop"

GAME stores set to close while OpCapita’s bid breaks down

GAME stores set to close while OpCapita’s bid breaks down
A few days ago it looked like there was hope for GAME Group after OpCapita offered to buy GAME. The news also helped boost its share price, which currently stands at 3.07p, after having started the week at an all time low of 0.5p, However, according to The Guardian, OpCapita’s deal, “appears to have been given the cold shoulder by lenders.” Amid this, GAME has already started sending out letters to customers warning them of store closures.... 

GAME to brace itself for administration

GAME to brace itself for administration
GAME Group is now believed to be on the cusp of administration, after the company’s CEO Ian Shepherd informed senior staff that they have just two weeks to turn its fortunes around. GAME Group, which owns both GAME and Gamestation, started a fire sale of pre-owned stock yesterday to help keep them afloat. Advertised as a “Spring Clean” some games have seen huge discounts and are marked down as low as 98p. A reduction on pre-owned consoles began... 
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