Battle to save GAME heats up14 Mar 2012
Retailer GAME could be on the verge of being saved thanks to developments this afternoon with two potential buyers stepping forward.
Earlier it was revealed that private investment firm OpCapita who own Comet have put in an offer which is currently being looked at by GAME.
Since the news broke this morning, GAME’s share price has risen from 0.5p to 2.1p.
Late this afternoon it was revealed by MCV that Walmart has also approached GAME and offered 12p per share.
Time is running out for GAME to secure a deal, it is thought that they have until 25 March to avoid going into administration.
Gamestop could still step in but so far no offer has been put forward, however an offer from them is expected soon.