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A leaked memo from GAME, seen by MCV, says that Activision and Microsoft are the latest publishing giants to not supply the troubled specialist giant. Activision titles Cabela Big Game Hunter 2012 and Zhu Zhu Babies, plus Microsoft’s Kinect Rush: A Disney/Pixar Adventure, will not be sold by the retailer, …
Read More »PokePark 2 added to the GAME MIA list
Today may have delivered some potentially good news for GAME, but the frustration continues for the chain’s customers. Following confirmation earlier today that 3DS title Kid Icarus: Uprising and Sega’s Yakuza: Dead Souls will not be stocked by the retailer, Nintendo’s PokePark 2 for Wii has been added to the …
Read More »Blueshore: GAME offers "tremendous value" for investors
US investment fund specialist Blueshore Global Equity has told MCV that it believes retailer GAME is a tremendous investment prospect – even if it does enter administration. Blueshore recently acquired an eight per cent stake in GAME Group and tonight told MCV that the market is failing to recognise the …
Read More »Zynga plans secondary offering, sources claim
Social games company hopes to avoid 'lockup selloff'
Read More »RUMOUR: Walmart to offer 12p per share for GAME
Investors believe that Walmart is prepared to offer 12p per share to buyout GAME Group. News of Walmart’s approach to GAME was revealed exclusively by MCV this afternoon. As recently as Monday, GAME shares plunged to an all-time low of just 0.5p. However, rumours of a buyout today have seen …
Read More »GAME confirms rescue bid
GAME Group has confirmed that a ‘third party’ has shown an interest in providing financial support to the stricken retailer. Although not mentioned in the statement, that third party is OpCapita, the investment firm who also owns electricals retailer Comet. But GAME stress that although OpCapita has sought dialogue with …
Read More »Now Sega games will miss GAME
Sega’s Yakuza: Dead Souls is the latest game that will not be stocked by GAME or Gamestation. Despite the excitement surrounding a possible buyout, GAME is still suffering serious supply issues. Already, EA, Nintendo, Tecmo Koei and Capcom have not supplied game with their latest titles. That means Kid Icarus: …
Read More »GAME’s shares rally on acquisition reports
GAME’s share price has shot above two pence following reports the retailer is about to be bought. That’s up 95 per cent since the start of the day. According to The Times, Comet owner OpCapita – a private investment firm – is planning to swoop for the games specialist. Meanwhile, …
Read More »CONFIRMED: OpCapita tables GAME buyout offer
The future of retailer GAME could be on the verge of being secured. The Times reports that Comet owner OpCapita has offered to buy out the GAME Group’s lenders, including the complete repayment of all of the chain’s suppliers. This has since been confirmed to MCV. This is particularly good …
Read More »There are 10 days left to save GAME
MCV understands that staff within GAME’s Basingstoke headquarters believe the firm will fall into administration on March 24th unless a buyer is found. That is a day before GAME’s quarterly rent day of March 25th on which GAME will be required to pay the leases for many of its stores. …
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