Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
March 30, 2015
arrowPress Releases
March 30, 2015
PR Newswire
View All






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Infogrames Makes Offer For Atari
Infogrames Makes Offer For Atari
March 7, 2008 | By David Jenkins

March 7, 2008 | By David Jenkins
Comments
    Post A Comment
More: Console/PC



Officials from Atari, Inc. have confirmed that the U.S. headquartered company has received a non-binding offer from French parent company and majority shareholder Infogrames, expressing the intention to acquire all of Atari’s outstanding stock.

After years of troubled results, which saw the company selling of many of its most prominent intellectual properties and internal studios, Atari, Inc. has seen a change in fortunes in recent weeks since the appointment of new CEO David Gardner, and the recent hiring of ex-Sony stalwart Phil Harrison.

Infogrames intends to acquire all outstanding common stock which it or its affiliates does not already own for a per share cash amount of $1.68, in an attempt to unite the company under David Gardner and Phil Harrison's leadership.

Atari, Inc.’s board of directors have said only that they and their advisors will undertake a “thorough evaluation of the proposal”.

Since the offer is non-binding, there is no guarantee that the move will go ahead, despite Infogrames’ close relation with the company.


Related Jobs

WEVR
WEVR — Venice Beach, California, United States
[03.30.15]

Core Engine Architect
Cloud Imperium Games
Cloud Imperium Games — Santa Monica, California, United States
[03.30.15]

Graphic Designer
Wargaming.net
Wargaming.net — Chicago, Illinois, United States
[03.30.15]

Technical Designer
Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States
[03.30.15]

Narrative Writer









Loading Comments

loader image