Newsbrief: New Jersey-based publisher Majesco is no stranger to executed last month after shareholder approval, Majesco merged shares in the company at a ratio of seven-to-one, with no change in value of the investment for its shareholders. That move allowed the company to continue trading on the exchange, it now says, which has a minimum price requirement of $1 per share. Majesco's stock, which trades under the symbol COOL, is at $2.42 a share as of this writing. The company is hanging its hope on its indie publishing label Midnight City and a move into social casino games.
