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 Gameguru Mania News - May,29 2001 -  
Interplay up for sale?!? - briefly
(hx) 05:12 PM CEST - May,29 2001 - Post a comment
Interplay Entertainment Corp., which makes software for computer games, said on Tuesday it is in talks aimed at selling the company but no deal is imminent. The Irvine, Calif.-based company said its talks with an unidentified party have included a buyout price that reflects "a modest premium to the holders of common stock from the average trading price over the last 20 trading days." Interplay shares finished at $3.11 on the Nasdaq last Friday. The stock has a 52-week high of $4.03 and a 52-week low of $1.31. For the quarter ended March 31, Interplay reported an operating loss of $7.7 million on net revenues of $17.3 million. [more]
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