Tag Archives | Game Group

Game Saved New CEO Named

After entering administration last week a deal has been brokered which could save the struggling GAME brand. A deal has been officially reached with investment firm OpCapita. OpCapita reportedly had to amended their original bid after it was declined. It is believedthat the deal is similar to a previous deal they made for electronics store Comet where […]

Continue Reading

Game Group Store Closure List

Last week the Game Group requested its shares be suspended to the stock market and filed for administration. This week it became official when the announced that PricewaterhouseCoopers (PwC) would handle the administration. The administration has led to the immediate closure of game, gamestation and gameplay online stores. Several physical stores have also closed their doors […]

Continue Reading

Game Group Enters Administration

As of 7:30AM (GMT) today Game Group will no longer be trading on the London stock exchange. In a statement released on their website the Game Group say; The Board now considers itself to be unable to assess the business’s financial position, and is of the opinion that there is no equity value left in […]

Continue Reading

Another Nail In Game Group’s Coffin Resident Evil: Operation Raccoon City Is M.I.A

  Having already lost some big titles including Mass Effect 3 and Street Fighter X Tekken, the Game Group suffered another blow as both Capcom and Tecmo Koei  have pulled their titles Resident Evil: Operation Raccoon City and Ninja Gaiden 3 from store shelves. Shares in the company fell another 65% leaving  individual shares at a meagre 1.15p,  the media […]

Continue Reading

GAME Problems Continue – Street Fighter X Tekken & Asura’s Wrath Not Available

Things seem to be going from bad to worse for the GAME Group owners of the GAME & Gamestation franchise worldwide; at the start of the year it was reported that Game was facing some credit and stock issues then it was reported that in an effort to save money the GAME Group was reviewing it’s overseas […]

Continue Reading