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Handheld console maker secures $5 million bridge funding, applies for debt protection
Embattled handheld console manufacturer Gizmondo Europe has filed an application to go into administration with the UK High Court, with the firm seeking protection from its creditors while it restructures the business.
The company will go before the High Court to have its application heard on January 31st, and in the interim, is granted automatic protection from any enforcement actions by its creditors.[/quote:f027f49b99]
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::shocked::
Why to the good always die so young!?!?!
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