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Acclaim Raises $11.8m In Notes Sales

Representatives of Acclaim Entertainment have revealed that the company has raised $11.8 million through the sale of convertible notes to private investors. The proceeds ...

David Jenkins, Blogger

October 7, 2003

1 Min Read

Representatives of Acclaim Entertainment have revealed that the company has raised $11.8 million through the sale of convertible notes to private investors. The proceeds will reportedly be used to add to the company’s working capital and will be used for “general corporate purposes”.

About the Author

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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Opinion: How will Project 2025 impact game developers?

The Heritage Foundation's manifesto for the possible next administration could do great harm to many, including large portions of the game development community.