Interplay Entertainment announced today that it is in talks aimed at selling the company. According to the company, no deal is imminent, but the buyout price discussed has reflected a modest premium over the stock's average price over the last 20 trading days.
The buyer has not been announced, although many suspect it to be Microsoft. Microsoft recently loaned Interplay $5 million in exchange for making Interplay's upcoming game based on The Matrix exclusive to the Microsoft Xbox console for the first six months.
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