sentences:  That year Activision changed its name to "Mediagenic", as Davis sought to expand the company's product lines to non-gaming software.In February 1991, Robert Kotick, backed by Steve Wynn of Mirage Resorts, staged a successful hostile takeover.Kotick and his team then filed a Chapter 11 bankruptcy in cooperation with Magnavox parent company Philips in a leveraged recapitalization of Activision, as it was renamed in 1992.