GAME’s administration could end tomorrow

Reports today suggest that UK videogame retailer GAME could find themselves out of administration as early as tomorrow. 
OpCapita, parent company of Comet, has made a bid for the company’s remaining 333 stores. Prior to GAME going into administration, OpCapita had reportedly made a bid for the retailer which was blocked by the Royal Bank of Scotland (RBS). RBS were GAME’s primary creditor.
Speaking of RBS…
The bank are the other party thought to be on the verge of bidding for the retailer, with reports claiming that the business is hoping to buy GAME’s UK business and run it with its own managers until it can be sold off for a profit.
There is an added x-factor here… GameStop, the US videogame retailer, is interested in buying GAME’s stores in Spain, Portugal and Czech Republic.
Source: The Independent 

Recommended Videos

PC Invasion is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more
related content
Read Article Someone is making a Fallout 3 “Demake” on the Gameboy
Fallout 3 Operation Anchorage
Read Article Escape From Tarkov is taking ‘Pay to Win’ to the next level
Unheard Title
Read Article Metaphor: ReFantazio places big twists on social links and romance
Metaphor Refantazio Romance Party
Related Content
Read Article Someone is making a Fallout 3 “Demake” on the Gameboy
Fallout 3 Operation Anchorage
Read Article Escape From Tarkov is taking ‘Pay to Win’ to the next level
Unheard Title
Read Article Metaphor: ReFantazio places big twists on social links and romance
Metaphor Refantazio Romance Party