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BUZZ-Game Digital: Billionaire Mike Ashley buys in

** Computer gaming group Game Digital (Frankfurt: A11543 - news) up c15 pct after Sports Direct, the retailer controlled by billionaire Mike Ashley, buys a 25.75 pct stake

** Sports Direct owns stakes in retailers including Debenhams (Frankfurt: D2T.F - news) and French Connection (LSE: FCCN.L - news)

** Liberum: "We see a number of reasons how GAME and SPD can gain from a closer working relationship but it is surely the similar customer demographics that must be the key draw card here"

** Game Digital's stock has fallen >50% YTD

** Other investors in co include Elliot Management and Woodford Investment, according to Thomson Reuters (Dusseldorf: TOC.DU - news) data (Reuters Messaging: noor.hussain.thomsonreuters.com@reuters.net)