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Mad Catz delisted from NYSE, files for Chapter 7 bankruptcy

By Mark / April 4, 2017

Peripheral maker Mad Catz has thrown in the towel after unsuccessfully scouring for (pick one), bank financing, an equity infusion or sale of assets.

Apparently after enjoying a fairly solid business as a peripheral and game controller manufacturer during the  Playstation Era, the company tried to expand into publishing with an ill-fated JV with Harmonix to release Rock Band 4. The rest is, as they say, history, but in a more literal and fatalistic sense.

The company was delisted from the NYSE recently ahead of the Chapter 7 filing.

 

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Mad Catz delisted from NYSE, files for Chapter 7 bankruptcy

About the author

Mark

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