Friday, March 31, 2017

Mad Catz Files For Chapter 7 Bankrupcy

San Diego-based gaming accessory maker Mad Catz Interactive has filed for Chapter 7 bankruptcy, with PricewaterhouseCoopers being assigned the trustee of the company. According to Mad Catz, it has ceased operations, and all of its directors and officers have resigned from the company. The company filed for bankruptcy afer failing to find a buyer for the company. Mad Catz had said in 2016 that it was considering "strategic alternatives" for the company.