French game publisher Titus saw its shares shoot up as much as ten percent after the company announced that it would not pursue plans to sell its stake in Interplay Entertainment.
Titus announced last month that it was in discussions to sell its share of Interplay. Titus's holdings currently stand at 34 percent of Interplay’s stock and 40 percent of the voting rights, making Interplay Titus’s single largest asset. Titus also revealed that it might consider increasing its stake in Interplay.