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Majesco Sells 'The Darkness' and 'GhostRider' Franchises

by Rainier on Dec. 13, 2005 @ 6:47 p.m. PST

Majesco today announced that it has sold all of its The Darkness and GhostRider rights and obligations to a 3rd party publisher for which Majesco received $8.0 million, allowing it to reduce its financial obligations and improve its capital structure. This sale affords Majesco added flexibility with which to pursue additional opportunities and execute initiatives related to its core business. The 3rd party publisher will re-announce the titles at a later date.
Majesco today announced that it has sold all of its The Darkness and GhostRider rights and obligations to a 3rd party publisher for which Majesco received $8.0 million, allowing it to reduce its financial obligations and improve its capital structure. This sale affords Majesco added flexibility with which to pursue additional opportunities and execute initiatives related to its core business. The 3rd party publisher will re-announce the titles at a later date.
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