Goldman Sachs acquires 13m GAME shares

MCV Staff 15th March 2012 Retail

World financial giant Goldman Sachs has become the latest company to swoop for stock in The GAME Group.

The purchase was made on March 12th and was publically announced this morning.

Goldman Sachs has acquired 13,120,220 shares in the company, entitling it to 3.78 per cent of its voting rights.

The news follows yesterday’s confirmation that Eastern US investment firm Blueshore Global has acquired an eight per cent share of the retailer.

GAME Group shares continue to rise today and are up 66.67 per cent at 3.5p at the time of writing. 225m GAME shares have been traded in the last 24 hours, well in excess of the 17m three-month average.

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