Unlike the recent Rangers footballing debacle, the sad demise of Game has been well publicised.On 16th March, Shadowlocked new-comer Michael Glavin expressed concern at the recent failings of the chain, highlighting an all-time low stock price and an end of publisher support as a sign of things to come. Just 10 days later and it would seem Michael, along with a substantial proportion of videogame analysts, called this one just right...
In a sad email, Ian Shephard - the now former CEO of Game - acknowledged that the group had been unable to attract a buyer or prolonged equity investment and as a result had entered administration:
"I've said a number of times that the administrator, once appointed, takes charge of the business...having two people try to do that is both confusing and a waste of money. With that in mind, I've agreed with Mike that I will step...
In a sad email, Ian Shephard - the now former CEO of Game - acknowledged that the group had been unable to attract a buyer or prolonged equity investment and as a result had entered administration:
"I've said a number of times that the administrator, once appointed, takes charge of the business...having two people try to do that is both confusing and a waste of money. With that in mind, I've agreed with Mike that I will step...
- 3/26/2012
- Shadowlocked
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