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Technology Stocks : GTIS - Will it be a Phoenix or not ?

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To: Scot who wrote (2266)10/26/1999 2:04:00 PM
From: Scot  Read Replies (1) of 2319
 
ctw.co.uk
>>>>>>>
GT deal this week?

The GT Interactive rumour-mill was up and running again this week, strongly suggesting that a deal with Hasbro would be announced as CTW went to press.

GT has been up for sale since the summer when it announced that it was seeking an injection of cash through recapitalisation, a sale or a merger (CTW July 2nd). Three months down the line no deal has emerged despite apparent strong interest from a number of publishers thought to have included Hasbro, Infogrames and Microsoft among others.
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