Feeds

Comet and Walmart battle for Game

Bidding begins

Choosing a cloud hosting partner with confidence

Walmart and Comet have emerged as bidders for troubled high street games retailer Game.

The US retail giant is rumoured to have offered 12p per share for the company, while Comet owner OpCapita is also believed to have expressed an interest in acquiring Game, MCV reports.

Paying 12p a share would value Game at £40m. But no matter which company eventually snags the retailer, it has a serious mission ahead to turn things around.

Game shopGame

Game has faced a difficult times recently after a number of major publishers refused to take the risk of stocking the outlet with their releases. Game's shares subsequently dropped as low as 0.5p each.

The firm was then forced to put itself up for sale or face administration when its bank comes knocking for payments due in a couple of weeks' time.

Update
It was announced this morning that finance giant Goldman Sachs swooped to buy Game stock on 12 March, acquiring just over 13m shares. This entitles it to 3.78 per cent of Game's voting rights. Investment firm Blueshore Global took an eight per cent share yesterday. ®

Website security in corporate America

More from The Register

next story
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
Oi, Tim Cook. Apple Watch. I DARE you to tell me, IN PERSON, that it's secure
State attorney demands Apple CEO bows the knee to him
4K-ing excellent TV is on its way ... in its own sweet time, natch
For decades Hollywood actually binned its 4K files. Doh!
Your chance to WIN the WORLD'S ONLY HANDHELD ZX SPECTRUM
Reg staff not allowed to enter, god dammit
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Monitors monitor's monitoring finds touch screens have 0.4% market share
Not four. Point four. Count yer booty again, Microsoft
Getting to the BOTTOM of the great office seating debate
Belay that toil, me hearty, and park your scurvy backside
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.