GAME to exit administration?

Report: RBS-backed takeover imminent.
Text: Mike Holmes
Published 2012-03-29

Struggling retailer GAME may exit administration as early as tomorrow, according to reports now coming out.

According to MCV, an RBS-backed consortium are very close to reaching to an agreement to take over the company. It was originally thought that GameStop were the most likely suitors for the specialist retailer, but it appears that an agreement couldn't be reached with the American chain.

Earlier this week administrators took over the troubled firm and closed down 277 stores across the UK and Ireland. 2,104 staff lost their jobs.

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