All Posts Tagged Tag: ‘Game Group PLC’

Spider-Man Handing Out Prizes in London Tomorrow

The video game tie-in for “The Amazing Spider Man” movie launched earlier this week in the U.S., but the British are just now getting their hands on the title. To celebrate the release, Activision and GAME have teamed up to put on a ground-level marketing campaign around London. Someone dressed in a Spider-Mad costume was the subject of several photo …

Read More

Investment Firm to Save GAME Group

The BBC is reporting that the investment group OpCapita will save GAME Group PLC by buying a large portion of the insolvent company. Last week GAME Group administration was taken over by PricewaterhouseCoopers (PwC) in order to get the company into a sellable state. GAME and Gamestation stores operated by GAME Group began closing and employees began being laid-off. This …

Read More

Former GAME Employee Sings in Front of Closed Store

Game Group PLC recently announced that CEO Ian Shepherd would be stepping down, and that PricewaterhouseCoopers would be taking over administration of the company. This came after months of failed bargaining with lenders to try and keep the company afloat. These were months that employees at their GAME and Gamestation retail stores had to wonder whether or not they would …

Read More

GAME Group Administration Appointed, CEO Steps Down

Game Group PLC announced today that PricewaterhouseCoopers (PwC) would be assuming administration of the company. The company had announced last week that it would be seeking administration. In a statement today, the GAME Group Board of Directors said: “Further to our announcements of 21 March, the Board of GAME has completed its discussions with lenders and third parties without resolution, …

Read More

Game Group Suspends Shares, Requests Administration

In a statement released yesterday, the board of directors for Game Group PLC announced that it has requested its securities be suspended from trading on the Main Market of the London Stock Exchange. The Game Group owns and operates over 1,300 GAME and Gamestation stores across Europe, selling PC and console video games. The statement reads: “Further to the announcements …

Read More