Shocking news this evening as the massive high street shop, GAME is getting closer to bankruptcy. With ever increasing debts, Game is running low on funds and may be entering administration.
The CEO met with senior staff and he warned them that they have two weeks to stop the company going bust. Latest rumors are that Gamestop is planning on taking over some of the stores. GAMA will be trying to secure deals with Gamestop to ensure that some of GAME’s stores can stay open, while Gamestop can give them the cash they need.
GAMA has been holding massive sales to try to get as much cash as they can to stay open. Will they stop before it gets too much, or will they try to stay open as long as they can, running up even more debts? Time will tell..
[via connectedconsoles.com]