{"id":3395,"date":"2005-09-30T00:00:00","date_gmt":"2005-09-30T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"majesco-gets-hostile-hedge-fund-offer","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2005\/majesco-gets-hostile-hedge-fund-offer.html","title":{"rendered":"Majesco Gets Hostile Hedge Fund Offer"},"content":{"rendered":"<p><span class=\"newsbody\">( <a href=\"http:\/\/www.gamasutra.com\/\">www.gamasutra.com<\/a> ) &#8211; Struggling publisher Majesco, which <a href=\"http:\/\/www.gamasutra.com\/php-bin\/news_index.php?story=6494\">mostrecently<\/a> 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.<\/p>\n<p>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&#8217;s board, effectively taking control of the company.<br \/><\/span><br \/><a href=\"http:\/\/www.gamasutra.com\/php-bin\/news_index.php?story=6688\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>( www.gamasutra.com ) &#8211; 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3395","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3395"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3395\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}