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Mohawk52
Joined: 16 Oct 2003
Posts: 8204
Location: England, UK
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 Posted: Wed Jan 20, 2010 4:12 pm |
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Looks like Gonzo is shedding assets. It's usually a good sign, when a company removes its name from a subsidiary, that they are about to offload it.
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TJR
Joined: 13 Jul 2009
Posts: 223
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| Posted: Wed Jan 20, 2010 7:21 pm |
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| Mohawk52 wrote: | | Looks like Gonzo is shedding assets. It's usually a good sign, when a company removes its name from a subsidiary, that they are about to offload it. |
Actually, Gonzo already sold their stake last year. This name change is just coming late (i.e. the online game company continued operating as Gonzo Rosso even after the change in ownership).
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