Search

Stradling

Stout Risius Ross, Inc. Advises Mad Catz Interactive, Inc. in the Sale of Its Saitek Product Line to Logitech International S.A.

Stout Risius Ross, Inc.

On September 15, 2016, Mad Catz Interactive, Inc. (NYSE MKT:MCZ), a global provider of innovative entertainment products, entered into an Asset Purchase Agreement to sell its Saitek brand and the Saitek line of flight, space and farm simulation game controller assets to Logitech International S.A. (Nasdaq:LOGI) for $13 million in cash.

Stradling client Stout Risius Ross, Inc. provided a fairness opinion to Mad Catz in connection with the sale. Read the press release.