European based gaming company Titus Interactive has announced that it has taken control of Interplay, a popular United States based publisher. Titus has owned a sizeable chunk of Interplay's stock for quite a while but has now made the leap to 51% by exchanging 336,070 convertible bonds into 6.68 million Interplay shares, taking its holding to 27.09 million shares. "This purchase raises Titus Interactive's voting rights and will enable, during the Annual General Meeting in September, a re-election of the board and a takeover of Interplay by Titus Interactive" Titus has stated. Interplay now joins Hasbro Interactive, Mattel Interactive, GT Interactive, Sierra, Interactive Magic, Accolade and a host of other American publishers to have been taken over by a European company.
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Kryten - "They've taken Mr Rimmer, Sir! they've taken Mr Rimmer!"
Cat - "Quick, lets get out of here before they bring him back!"