Tag Archives: shares

This morning’s announcement that UK retailer GAME Digital were to acquire events organiser Multiplay for 20m came as a shock for more than a few reasons. First to consider is GAME’s recent and languishing history with their shareholders, being born out of the ashes of the former GAME Group’s administration …

Court rules that Halo studio was wrong to strip shares from Marty O'Donnell

Markets may regard retail flotations as a risk, but GAME’s early success on the stock exchange prove that they can prove very successful GAME Digital has reported a sales increase of 30 per cent for the year ending July 26th, which includes the period following its flotation in June. Throughout …

French media giant Vivendi is to sell-off more of its investment in Activision Blizzard. Vivendi was once a majority stakeholder in the Call of Duty publisher but that stake will now drop below six per cent as the firm offers a further 41.5m shares of Activision Blizzard stock. It’s a …

We’re used to retailers giving away free store credit, but virtual shares? That’s a new one. GAME yesterday announced that as part of its proposed flotation it would be offering 20,000 Reward Card customers some virtual loyalty shares” worth around 1.8m. As part of this, 2,000 customers who are not …

UK retailer GAME has finally confirmed what has been on the cards for months – it’s going to float itself on the stock exchange. It will be doing so under the name GAME Digital. It’s a remarkable change of fortunes for a company that in March 2012 fell into administration, …

David Braben is to sell up to 1.6m shares in Frontier Developments following the buyout of an IT firm which holds the rights to the Elite franchise he co-created. Frontier purchased software and IT consultancy Professional Practice Automation in a 5.09m deal on Tuesday, April 15th. Braben, CEO of Frontier, …

PlayStation platform holder Sony has sold off the 9.5m shares it held in Square Enix. CVG reports that prior to the sale Sony was Square’s third largest shareholder. It had owned the stake for over ten years. Interestingly, despite having a value of around $157m, Sony sold off the stock …

Having seen $10bn wiped off its value yesterday, Facebook has again got off to a troubled start on the markets today. Following its acquisition of Oculus for $2bn on Tuesday night, Facebook saw a seven per cent decline in its share price throughout yesterday, falling from $64.65 at the start …

It was a rough day on the markets for casual games maker King yesterday. The Candy Crush Saga maker kicked off its IPO with an introductory stock price of $22.50. By the end of trading that had fallen to $19 – a decline of 15.5 per cent that VentureBeat says …