What is the deal with all this NASDAQ delisting stuff going on with major game publishers? Just in the past day or so...
- Take Two faced delisting during an investigation into stock option grant practices and an inability to file an annual report.
- THQ avoided delisting after they delayed the filing of their annual report pending the outcome of an investigation into stock option grant practices.
- Activision revealed that they were facing delisting because they hadn't filed their annual report because they're (wait for it) currently investigating stock option grant practices!
I don't pretend to know what's up here. Anyone want to shed some light on the subject?
