News Summary for Monday, July 2, 2012

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THQ and Sony are both circulating in the news today, as THQ struggles to keep its stock listed while Sony makes an acquisition. Read on for more details...
  • THQ will perform a 1-for-10 reverse stock split as of the opening of NASDAQ trading on July 9. This is typically a last-ditch effort to bring a stock price in compliance with exchange mandated minimums.
  • Sony announced that it plans to acquire Gaikai, a company providing cloud-based game streaming, for approximately $380 million.

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This page contains a single entry by Editor published on July 2, 2012 6:12 PM.

A Smattering of News from Late June was the previous entry.

Games Released on Tuesday, July 3, 2012 is the next entry.

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