Posted on March 29, 2012 AT 06:32am
MCV has heard from multiple sources that RBS, who was the firm’s major money lender, has been tipped as the favorite to buy the company.
GAME entered administration a few days ago and was forced to close 277 stores, losing over 2000 staff.
EGM’s TAKE: We’re not quite sure what RBS will do with GAME if it does manage to successfully purchase the company. Will they allow the remaining stores to continue as is, or will some pretty brutal terms be drawn up in order for the deal to go through. Does the bank even want the company as is or do they just want the assets? We’ll find out soon enough.
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