French AA gaming developer and accessory manufacturer Nacon has filed for insolvency after its majority shareholder Bigben failed to make a loan repayment, the company said in a press release. "To date, the company reports available assets do not allow it to meet its liabilities," Nacon wrote. The objective with insolvency, it said, was to allow "continued operation, protect employees and maintain jobs while renegotiating with its creditors."
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Kushner, and other financers from the Saudi and Qatari sovereign wealth funds backing the Paramount bid, had agreed not to take any controlling roles - such as seats on the board - in exchange for their investments.
Cuban forces killed four exiles and wounded six others who sailed into its waters onboard a Florida-registered speedboat and opened fire on a Cuban patrol, the country’s government said, at a time of heightened tensions with the US.