| ActiveMac | Anonymous | Create a User | Reviews | News | Forums | Advertise |
|
|
|
User Controls |
|
New User |
|
Login |
|
Edit/View My Profile |
|
|
|
|
|
|
|
ActiveMac |
|
Articles |
|
Forums |
|
Links |
|
News |
|
News Search |
|
Reviews |
|
|
|
|
|
|
|
News Centers |
|
Windows/Microsoft |
|
DVD |
|
ActiveHardware |
|
Xbox |
|
MaINTosh |
|
News Search |
|
|
|
|
|
|
|
ANet Chats |
|
The Lobby |
|
Special Events Room |
|
Developer's Lounge |
|
XBox Chat |
|
|
|
|
|
|
|
FAQ's |
|
Windows 98/98 SE |
|
Windows 2000 |
|
Windows Me |
|
Windows "Whistler" XP |
|
Windows CE |
|
Internet Explorer 6 |
|
Internet Explorer 5 |
|
Xbox |
|
DirectX |
|
DVD's |
|
|
|
|
|
|
|
TopTechTips |
|
Registry Tips |
|
Windows 95/98 |
|
Windows 2000 |
|
Internet Explorer 4 |
|
Internet Explorer 5 |
|
Windows NT Tips |
|
Program Tips |
|
Easter Eggs |
|
Hardware |
|
DVD |
|
|
|
|
|
|
|
Latest Reviews |
|
Applications |
|
Microsoft Windows XP Professional |
|
Norton SystemWorks 2002 |
|
|
|
Hardware |
|
Intel Personal Audio Player 3000 |
|
Microsoft Wireless IntelliMouse Explorer |
|
|
|
|
|
|
|
Site News/Info |
|
About This Site |
|
Affiliates |
|
ANet Forums |
|
Contact Us |
|
Default Home Page |
|
Link To Us |
|
Links |
|
Member Pages |
|
Site Search |
|
Awards |
|
|
|
|
|
|
|
Credits |
 |
UK Games Maker Rage to Sell New Shares for Survival | |
|
||
| Time: 02:42 EST/07:42 GMT | News Source: Reuters | Posted By: Alex Harris | ||
|
British video games maker Rage Software Plc moved to stave off insolvency on Monday, saying it planned to raise up to 5.6 million pounds ($8.2 million) by selling new shares. The Liverpool-based company, whose games include David Beckham Soccer and Crash, said that if the share offering did not succeed, Bank of Scotland might withdraw a 6.2 million pound credit line and the company might be forced to call in administrators. Rage shares fell 10.9 percent to 1-3/4p by 0939 GMT. Rage, which has been forced to delay the release of new games because of funding problems and is suffering widening losses, said much of the proceeds from the share issue would be used to pay off creditors and the rest to meet its cash needs. "The group requires a minimum of 3.1 million pounds after expenses to be raised under the placing and open offer in order to have sufficient working capital for its present requirements," Rage said. | ||
|
Write Comment
Return to News |
Displaying 1 through 25 of 201 Last | Next |
The time now is
10:32:47 PM
ET.
Any comment problems? E-mail us |
|
Write Comment
Return to News |
Displaying 1 through 25 of 201 Last | Next |
The time now is
10:32:47 PM
ET.
Any comment problems? E-mail us |
