Game over for Guthrie as Mighty Kingdom shareholders revolt
Shareholders in embattled Adelaide video game development company Mighty Kingdom have ousted chair Michele Guthrie.
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Shareholders in embattled Adelaide video game development company Mighty Kingdom have ousted chair Michele Guthrie.
Aussie developer Mighty Kingdom says it's at risk of a takeover move by Adelaide businessman Shane Yeend, and has asked the Australian Takeovers Panel to restrain Yeend's Gamestar from voting shares at an upcoming shareholder meeting.
Mighty Kingdom is fending off a mounting takeover push from a major investor it says has not paid for its shares.
Embattled Adelaide video game company Mighty Kingdom’s largest shareholder Gamestar Studios has sent a letter to other shareholders calling for chair Michelle Guthrie and the entire board to be replaced.