A deal has been officially reached with investment firm OpCapita to save the struggling gaming retailer, according to MCV.
OpCapita reportedly amended their original bid that was first reported yesterday (March 31).
The firm are said to have paid a nominal fee in order to seal the claim, in a similar way to how they paid £2 for Comet last year.
However, the deal only applies to GAME's UK business, with their overseas operations still struggling and available to buyers.
Hilco and GameStop are currently still in the hunt to purchase GAME's foreign territories.
It is not confirmed if supply agreements have been made with each UK supplier to GAME, but it is understood that some companies have agreed to return.
OpCapita will set up a new management team tomorrow (April 2).
For the time being, all of GAME's remaining 333 stores and 2,814 UK staff are safe, but none of the closed retail outlets will be reopened.
The group entered administration last week after having failed to find a buyer, with 277 shops immediately closed and 2,000 jobs lost.
> GAME and GameStation websites reactivated ahead of possible takeover