Atari Sold to Tramiel

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1 total messages Started by T C Wheeler Tue, 03 Jul 1984 17:38

#345

Author: T C Wheeler
Date: Tue, 03 Jul 1984 17:38

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Atari was NOT sold to Commodore, but to the Ex-Commodore chief,
Jack Tramiel.  Tramiel bought 75% of the Atari operation, not
including the coin-operated game assets or AtariTel.  They
plunked down $75 million plus $140 million in senior debt and
$100 million in subordinate debts to Warner Communications.
Warner had bought Atari for $28 million back in '76.  I hope
Tramiel can make a go of it.  That's a lot of chickenfeed
they owe Atari.  
T. C. Wheeler

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