Posts tagged administration 
Blockbuster UK finds buyer
Restructuring and investment firm Gordon Brothers Europe bought Blockbuster UK over the weekend. The multimedia rental and sales chain entered administration in January, a month which also saw Blockbuster's US arm close a further 300 stores. Gordon Brothers Europe acquired the retailer's 264 UK ...
Report: HMV to be saved as restructurer Hilco acquires debt
Business restructuring company Hilco is set to acquire HMV after reportedly taking control of the struggling British retailer's debt . According to the Financial Times, people familiar with the situation report Hilco took on the debt today, estimated three months ago to be around $279 million. If ...
Blockbuster closures in UK hit 160 stores
Deloitte, the group handling the administration of Blockbuster UK, will close 160 of the retailer's 500 stores. Blockbuster UK went into administration Wednesday, appointing Deloitte to the task of handling the bankruptcy proceedings and finding a buyer for the company. Lee Manning, an ...
Blockbuster UK enters administration
Blockbuster UK has entered administration (UK bankruptcy), with 500 stores and 4,190 jobs hanging in the balance. ITV reports Deloitte, which is also handling the administration of HMV, has been appointed to handle the bankruptcy proceedings and find a buyer. The HMV situation involves 239 stores ...
HMV entering administration [update]
Update: HMV confirmed it's filing notice to appoint Deloitte as administrators to the company. As the BBC reports, HMV is suspending trading on the London Stock Exchange from Tuesday, January 15. HMV's 239 stores across the UK and Republic of Ireland are to remain open while Deloitte seeks a ...
Game Australia to close all of its stores in the coming weeks
Retailer Game Australia will shut down all 31 of its remaining stores over the coming weeks, its administrator PricewaterhouseCoopers announced today. Game will close 16 Australian stores immediately and the remaining 15 within a few weeks. In May, Game Australia entered voluntary administration; ...
Investment company buys Game, halting closures, firings, bankruptcy
This has been a quick time coming -- Game, the UK games retailer, slipped into a downward spiral early this year, and since the first public announcement of its money troubles in February, Game has closed almost 300 stores, stopped stocking major titles, cut 40 percent of its workforce and entered ...
Bobby Kotick joins Coca-Cola board, will advise on digital media
Shortly after appearing in a cameo for Moneyball, Activision Blizzard CEO has picked up another choice role: He's joined The Coca Cola Company's board of directors. Kotick will help oversee the classic sugar water giant, and advise the company on its entries into digital media. Kotick also serves ...
Report: LA Noire dev Team Bondi enters administration
You don't normally expect a company to release a well-reviewed hit in May and then enter administration three months later, but L.A. Noire maker Team Bondi is following a strange, tumultuous timeline. SmartCompany reports that the Sydney-based studio has been placed into administration, with ...
APB has 130K registered players, high average playtime and revenue per user
Realtime Worlds as a company has been suffering from all kinds of problems lately, but how's the game doing? With a very short press release, the company (currently "in administration," which is the British version of bankruptcy) has announced that APB is hosting 130,000 registered players. That's ...
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Huffpost Live tackles Xbox One with our reviews editor, Richard Mitchell [Update: watch the replay]
Posted on May 21st 2013 6:15PM