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Infogrames doubt.

The chief executive of Europe's largest video games maker, Infogrames, yesterday said he would go if shareholders do not clear a plan to repay the group's 2005 convertible bond.

Infogrames has had to delay to January 19 a shareholder meeting after it failed to get the required shareholder quorum.

Shareholders need to vote on the terms of a refinancing plan, which entails the issue of more stock to help Infogrames repay 117 million euros (pounds 82.9 million) in bond.
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Title Annotation:Business
Publication:The Birmingham Post (England)
Date:Jan 5, 2005
Words:80
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