( www.gamasutra.com ) – Struggling publisher Majesco, which mostrecently announced a calamitous third quarter loss of $38.6 million, as an aggressive expansion into higher budget full-price games backfired, is now under attack from hedge fund and previousinvestor Trinad Capital Master Fund.
Trinad has offered to invest $5 million in the company, according to information announced in a regulatory filing. But the offer, which is subject to due diligence, would have Trinad employees takingover a majority of Majesco’s board, effectively taking control of the company.
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