Printer Friendly

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.
COPYRIGHT 2005 Birmingham Post & Mail Ltd
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Business
Publication:The Birmingham Post (England)
Date:Jan 5, 2005
Previous Article:Stronger dollar hits confidence in base metals.
Next Article:Euro car sales improve amid fresh demand.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters