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Gamestation sold
NEW YORK, May 2 (Reuters) - Blockbuster Inc. (BBI.N: Quote, Profile , Research) said on Wednesday it had sold Game Station Ltd. to British-based Game Group Plc (GMG.L: Quote, Profile , Research) for about $150 million in cash, subject to certain adjustments.
Blockbuster said it intends to use most of the money from the sale of Game Station, its 217-store speciality games retailer in the UK, to pay down debt.
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