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Article View: comp.sys.atari.st
Article #28017

Re: Atari buying Federated?

#28017
From: Give me a quarter or I'll touch ...
Date: Tue, 25 Aug 1987 00:30
35 lines
2261 bytes
in article <26410@sun.uucp >, cmcmanis%pepper@Sun.COM (Chuck McManis) says:
 
 > In article <8708241755.AA18954@orville.arpa > (Karl Rowley) writes:
 > > I heard on the radio news this morning that Atari was buying Federated 
 > > Stores. Anybody know anything about this?
 
 > This would be quite interesting if true. I don't think it is because of 
 > two aspects of the situation. First, Federated (at least here in Sunnyvale)
 > sells the Amiga rather than the ST. Thus, it would seem to open Atari up
 > for lawsuits from Commodore about predatory trade practices etc, etc. Second
 > If Atari goes out and spends a bundle buying a retail chain that sells TV's
 > and Stereos their users are going to be royally pissed. Would you rather have
 > Jack spend it money on a retail chain you probably never heard of, or getting
 > the bugs out of GEMDos ? Nope, I don't think it is true.
 
 
 > --Chuck McManis
 > uucp: {anywhere}!sun!cmcmanis   BIX: cmcmanis  ARPAnet: cmcmanis@sun.com
 > These opinions are my own and no one elses, but you knew that didn't you.

Taken from page D-1, San Jose Mercury News, Aug 24th 1987:

"Atari to Purchase chain of retail stores."  Atari will pay $67.3 million
to aquire all outstanding shares of stock at $6.25 per share.  Federated
closed Friday in over-the-counter trading at $5.75.

At all Federated stores I have been to, both Commodore and Atari products
are carried.


-- 
Dean Brunette                      {ucbvax,etc.}!hplabs!oliveb!olivej!dragon
Olivetti Advanced Technology Center     _____   _____   __|__   _____
20300 Stevens Creek Blvd.              |     |  _____|    |    |
Cupertino, CA 95014                    |_____| |_____|    |__  |_____
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Path: arc1-ca.pugleaf.net!utzoo!mnetor!uunet!seismo!ll-xn!ames!amdahl!oliveb!dragon
From: dragon@oliveb.UUCP (Give me a quarter or I'll touch you)
Newsgroups: comp.sys.atari.st
Subject: Re: Atari buying Federated?
Message-ID: <3828@oliveb.UUCP>
Date: Mon, 24-Aug-87 20:30:38 EDT
Article-I.D.: oliveb.3828
Posted: Mon Aug 24 20:30:38 1987
Date-Received: Wed, 26-Aug-87 00:44:10 EDT
References: <26410@sun.uucp >
Organization: Dragon Technology, Inc. San Francisco, USA
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