Friday, November 11, 2005
Planetwide Games Targets Reverse Merger
Irvine-based Planetwide Games said Thursday that it has agreed to merge with SP Holdings Corp, a shell company listed on the over the counter bulletin board. The developer of online video games and software said it will enter into a merger with the holding company and continue the current business. Planetwide said that the public listing will increase its visibility with partners and better position the firm to fund its growth.