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Saw this link somewhere...? :ponder:

 

Infogrames Sells Atari Shares

 

Company now holds 52.04 percent of Atari on paper.

 

 

Author: James 'Prophet' Fudge

Posted: Tuesday, January 18, 2005

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Infogrames announced today that it raised $26.6 million from the sale of 11 million shares in its U.S. unit Atari as part of a larger plan to cut debt. Infogrames, which sold the shares at $2.55 each through its California U.S. Holdings unit, said it now owned 52.04 percent of Atari. On a related note, Infogrames shareholders will meet on Jan. 19 to vote on the terms of a refinancing plan, which entails the issue of more stock to help Infogrames repay 117 million euros ($152.3 million) in bonds due in July 2005.

 

 

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Hi there!

 

What actually is this "Atari" part of Infogrames though?

 

Former offices of Hasbro? Microprose? Spectrum Holobyte? Accolade? Or really Atari?

 

My tip would be Accolade :twisted:

 

Hey, maybe the new owner of Atari then renames it Microprose, hehe... ;)

 

Greetings,

Manuel

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