GAME weighs final options before point of no return
The first option, which would be refinancing of the current company by buyout bidders OpCapita, has apparently been ruled out by MCV. Next is a white knight or angel arriving and saving the day, but with a Sunday deadline this is considered "incredibly unlikely." Outcome number three: GAME is GONE.
However, MCV mentions a fourth option, which would save much of the company's workforce and leave the chain with over 300 stores. The move would have GAME voluntarily enter administration and create a "new company, funded by current bank lenders." If it happens, it would occur next Monday. The plan was apparently presented to GAME's concerned suppliers today. If the publishers agree, the GAME continues next week.
Posted:
Source: http://www.joystiq.com/2012/03/20/game-weighs-final-options-before-point-of-no-return/#comments
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Comments
-DeanoPosted:
ConnorHamiltoncheesewaffle1 where are people going to buy games in UK? no bestbuys, no GAME's, no Gamestops, this is madness
Gamestation, HMV, Asda, Sainsburys, Morrisons, Independant retailers.
Gamestation is owned by GAME. :P
smarty693Posted:
Seaborne-CatITzZCraigxX_TTG-HAGGIS_ConnorHamiltoncheesewaffle1 where are people going to buy games in UK? no bestbuys, no GAME's, no Gamestops, this is madness
Gamestation, HMV, Asda, Sainsburys, Morrisons, Independant retailers.
Tesco, Play.com, Ebay, Amazon, gamestation, Loads of others
CHIPS :P Chips is the best they care about there community they give out free codes and games :P
HMV are a rip off
gamestation are owned by game,just saying...
Seaborne-CatPosted:
ITzZCraigxX_TTG-HAGGIS_ConnorHamiltoncheesewaffle1 where are people going to buy games in UK? no bestbuys, no GAME's, no Gamestops, this is madness
Gamestation, HMV, Asda, Sainsburys, Morrisons, Independant retailers.
Tesco, Play.com, Ebay, Amazon, gamestation, Loads of others
CHIPS :P Chips is the best they care about there community they give out free codes and games :P
HMV are a rip off
ITzZCraigxXPosted:
_TTG-HAGGIS_ConnorHamiltoncheesewaffle1 where are people going to buy games in UK? no bestbuys, no GAME's, no Gamestops, this is madness
Gamestation, HMV, Asda, Sainsburys, Morrisons, Independant retailers.
Tesco, Play.com, Ebay, Amazon, gamestation, Loads of others
CHIPS :P Chips is the best they care about there community they give out free codes and games :P
StevsPosted:
_TTG-HAGGIS_HAHAHAHA PWNED BIATCHHHHH (sorry i had to)ConnorHamiltoncheesewaffle1 where are people going to buy games in UK? no bestbuys, no GAME's, no Gamestops, this is madness
Gamestation, HMV, Asda, Sainsburys, Morrisons, Independant retailers.
Tesco, Play.com, Ebay, Amazon, gamestation, Loads of others
_TTG-HAGGIS_Posted:
ConnorHamiltoncheesewaffle1 where are people going to buy games in UK? no bestbuys, no GAME's, no Gamestops, this is madness
Gamestation, HMV, Asda, Sainsburys, Morrisons, Independant retailers.
Tesco, Play.com, Ebay, Amazon, gamestation, Loads of others
ConnorHamiltonPosted:
cheesewaffle1 where are people going to buy games in UK? no bestbuys, no GAME's, no Gamestops, this is madness
Gamestation, HMV, Asda, Sainsburys, Morrisons, Independant retailers.
Sonny-MoorePosted:
where are people going to buy games in UK? no bestbuys, no GAME's, no Gamestops, this is madness
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