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 …

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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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EXCLUSIVE: Walmart makes GAME approach

MCV understands that American retail giant Walmart has made contact with GAME about a possible acquisition of the retailer. Walmart is the world’s 18th largest public corporation with over 9,000 stores worldwide. It is also the owner of UK supermarket Asda. In 2011 it generated worldwide revenue of $422bn. In …

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Blueshore Global Equity acquires 8% of GAME’s shares

A company called Blueshore Global Equity has today acquired 29m GAME Group shares, giving it an 8.35 per cent stake in the retailer and limited voting rights. Blueshore, a global equity fund based in New Jersey, was founded in 2006 by Harsha Gowda. It specialises in equity and pooled investment …

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Kid Icarus not available at GAME

Nintendo’s 3DS title Kid Icarus: Uprising will not be stocked at GAME or Gamestation. The confirmation comes from Nintendo, which lists Argos, Asda, Blockbuster, Tesco, Dixons Stores Group, GameStop, HMV, ShopTo, Sainsbury’s, Smyths Toys, Toys R Usor online at Amazon, The Hut, JohnLewis.com,Littlewoods.com,Play.com andzavvi.co.uk. Nintendo joins the likes of EA, …

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Win an Xbox 360 and Kinect… by dancing

Have you got The Moves? Are you a Dancing Queen (or King)? Prove it and you could take home an Xbox 360 Kinect bundle and Just Dance 3. Ubisoft has teamed up with MCV to host a special games industry dance-off, marking the approaching release of new Wii compilation Just …

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