Posts tagged with 'administration'

Game Group heads for administration

Beleaguered games retailer Game Group has said it intends to file for administration just weeks after it indicated that it planned to modify its business model with a shift towards digital downloads.

A statement released this morning said that talks with stakeholders had not made enough progress, and it was now "of the opinion that there is no equity value left in the group".

Game Group shares have now been suspended by the London Stock Exchange.