ADVFN - Advanced Financial Network.
HOME» LSE » G » GMG Share Price » GMG Share News

Game Share News

 Game Group Share Price
GMG Share Price
 Game Group Share Chart
GMG Share Chart
 Game Group Share News
GMG Share News
 Game Group Company Information
GMG Company Information
 Game Group Share Trades
GMG Share Trades
 Game Group Share Message Board
GMG Share Message Board

RBS Leading Bank Consortium To Rescue Game Group - Newspaper

LONDON -(Dow Jones)- U.K. taxpayers could end up with a stake in video games retailer Game Group PLC (GMG.LN) which could be rescued by Royal Bank of Scotland Group PLC (RBS.LN), reports the Sunday Times newspaper, without saying where it got its information. RBS, 83%-owned by the U.K. government, is heading a consortium of Game Group's existing banks that has made a bid to buy the troubled computer games retailer out of administration. Game Group's British operations, which include 610 stores, are set to be put into administration Monday, which will allow the company to undergo restructuring before being sold. Three bidders are interested in backing a slimmed-down Game Group, according to the report. An RBS spokeswoman declined to comment on the report. Game Group wasn't immediately available. Newspaper Web site: -London Bureau, Dow Jones Newswires; +44 (0)20 7842 9320

Share News for Game (GMG)
No Recent News Available

Game Group and other London Stock Exchange share prices are delayed by at least 20 minutes.
All other share price data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations