GT Interactive -bekend van de vele games- heeft bekend gemaakt dat het gaat reorganiseren, of dat het de boel gaat verkopen aan iemand die wel geld in het (verliesleidende) bedrijf wil stoppen.
GT announced today that it has retained Bear Stearns to seek "a financial recapitalization, merger or sale." [knip] The announcement was fueled by a severe loss in the fourth quarter of fiscal 1999. GT's net loss for the fourth quarter of fiscal 1999 was $72.3 million, or $1.00 per share, compared to net income for the fourth quarter of fiscal 1998 of $0.4 million, or $.01 per share.
