Atari, Inc. Appoints Jim Wilson Chief Executive Officer and President
March 31, 2008 by Raj
Filed under Corporate, Miscellaneous, Press Releases
Atari, the financially frail publisher, has announced it has appointed a new CEO and president. Press release below:
Atari, Inc. , an interactive entertainment company, announced today the appointment of Jim Wilson as its Chief Executive Officer (CEO) and President, effective immediately. Mr. Wilson is assuming the responsibilities of CEO which have been overseen by Curtis G. Solsvig III, Atari, Inc.’s Chief Restructuring Officer since October 2007. Read more
Infogrames offers to buy Atari
March 7, 2008 by Raj
Filed under Action, Adventure, Corporate, First Person Shooter, Miscellaneous
Atari Inc. has announced that it received a letter from Infogrames Entertainment S.A., the company’s majority shareholder, expressing its intent to acquire the remaining outstanding stock of the company. Infogrames’ offer, which is non-binding, amounts to USD 1.68 per share for the Atari Inc. stock it does not own.
Atari Inc. said that a special committee of the company’s board of directors intends to undertake, together with its advisors, a thorough evaluation of the proposal.
There is no assurance that any transaction will occur or to the terms of any transaction.
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