GAMEs Gamestation acquisition cleared

GAME board members will be breathing a sigh of relief this morning as the Competition Commission has – provisionally – cleared its 74 million acquisition of former rival Gamestation.

GAME has released a statement saying: GAME Group plc welcomes today’s announcement of the provisional findings by the Competition Commission that the acquisition of Games Station Limited has been provisionally cleared. GAME will continue to work closely with the Competition Commission through to its final decision expected no later than 23 January 2008.”

GAME will also issue an Interim Management Statement on 11 December.

To see the Competition Commission’s provisional findings in full, click here.