News Game buys Gamestation for £74 million

http://www.bit-tech.net/news/2007/05/02/Game_buys_Gamestation/

 

Remember, all Gamestations in Blockbuster stores will loose their Gamestation branding.

 

Are there anymore gaming shops left for game to buy out?!!

 

Bugger

 

That's all we need.

Aren't there rules against this kind of thing? What about the monopolies and mergers commission? Didn't they let Morrisons buy into Safeway or something to increase competition?

I guess no-one else wanted to buy Gamestation then.

 

I'd buy it.

 

I would've bought Gamestation, and I would've thought it'd be worth a lot more than £71m.

I'm surprised it hasn't gone to the Trading Standards chaps actually - usually a business can't buy their biggest rival to mop up the market completely without someone saying something.

 

ah great, i liked game station because of there prices, so cheap. Game is a rip off! And game staff hate everyone, every time i have gone in gamestation the staff bend over backwards to help everyone in there. thats happened in all 6 game stations i have been in.

 

Guess it might be to do with the fact that there are still large national competitors like Virgin and HMV etc...

 

A change in onwership doesnt mean that the staff are going to change does it?

What has everyone got against Game anyway?

 

Did you take the picture of the Gamestation in Ascot/Bracknell?

It was Electronics Boutique that bought out GAME in the first place wasn't it? Or EB Games as it's now known. I'm confused with all retailers as they all seem to have hands in each others' pockets.

 

Yes,

EB takes over GAME > GAME takes over Gamestation.

It was GAME that was spiralling into debt it EB saved it by buying it out. Seems its doing the same with Gamestation.

 

500 stores and it announces profits of only £2.1m? That's like £4,200 per store, which I'd say is pretty poor!!

Yeah, there are, but they're not going to touch a company that only makes £2m a year.

 

Darn, Gamestation was the only one that gave good prices for a retail shop. I mean if I didnt buy on Play.com then it was gamestation.

My 360 came from there and my DS Lite. Game is a rip off with no good deals. Also I like Gamestation for it selling all kinds of cool stuff other than games and retro consoles etc. This will stop when game has it.

So when will all the Game stations turn into Game, because there will be 3 Game stores now in every town. My town I lived in when EB change to Game, tere was 1 store seperating EB and Game, and after it changed to game they didnt close the store, they turn EB into Game and they are right next to each other. Its like sticking 2 mcdonalds next to each other. Its stupid and wont generate more income, just more costs.

Only Gameplay and Chips left aint there?? Dont know of any other dedicated game store chains, only little independant stores left.

 

GameStop

 

LameStation

Sorry obvious joke...

I am seriously annoyed, and puzzled how Game can afford to do this....

 

Gamestop owns EB Games as far as I know. So now Gamestop is the top of the pyramid for EB, Game and Gamestation.

 

Who is this guy that people could putting his face on random things? Did I miss something?

 

LMAO, Thats Relix. And yes, you did.

My friend who works at a local Gamestation, is not going to be pleased, as she seems to hate Game with a passion...

Personally, i've always prefered Game over Gamestation...