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mcvuk.com - 12/4/2008

Now GameStop eyes Woolies stores | Gaming Industry | News by MCV

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gamestop, woolworths Now GameStop eyes Woolies stores Tim Ingham Today, 10:21am Comments (8) US specialist retail giant reportedly making bid for half of troubled UK retailer's stores US games retail giant GameStop has tabled a bid for around half of Woolworths 815 stores, MCV understands. If ...

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Analyst Doubts GameStop-Woolworths Deal
Edge Online - Interactive Entertainment Today — ... being appointed as Administrators on 27 November we have received substantial expressions of interest in both Woolworths Plc and Entertainment UK Ltd (EUK)."We continue to hold discussions with a number of parties interested in buying Woolworths and EUK as going concerns, including with a number of new parties which have approached us in the last few days. We expect talks to continue into the early part of next week." The GameStop acquisition report originated at trade mag MCV , which cited a "well-placed source" who said, "GAME frustrated GameStop when it bought GameStation. ...

Gamestop Planning UK Assault Via Woolworth's Buyout [GameStop]
Kotaku — ... (no longer connected to the American company F.W. Woolworth) have fallen on hard times and gone into adminstration - Gamestop have spotted an opportunity and are reportedly set to bid for half of Woolworths' 815 UK outlets. This will instantly make them the UK's biggest games retailer, A source told MCV, "GAME frustrated GameStop when it bought GameStation. Bosses at GameStop had pretty much given up on launching a UK assault – but now, thanks to Woolies, that door is open again." Now GameStop eyes Woolies stores

GameStop Says It's Not Bidding on Woolworth's [Bidness]
Kotaku — ... . A statement from GameStop says, actually, it's not, calling out MCV in the process. "Claims originating from games industry publication MCV hold no merit and are completely inaccurate." says GameStop. I guess that settles that, although GameStop could have done everyone a favor by answering MCV's request for comment back when it put out the original story . Woolworth's went kaput in the U.S. in 1997 (or, well, it closed its department stores under that name and focused exclusively on Foot Locker, which its US holding company owns). It's headed for the same fate in Great ...