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GAME group has found a buyer!

The troubled UK game retailer appears to have found its knight in shining armor in the form of Opcapita, an investment firm. Opcapita will take ownership of 333 GAME stores, in a move that will save over 3,000 jobs.

UK retailer GAME enters administration

After months of financial trouble, GAME group has announced its intention to enter administration. The video games retailer, which also owns Gamestation, needed to raise £180 million by the end of this week to avoid administration, but has acknowledged that this attempt was futile.