[net.micro.atari] Atari Sold to Tramiel

wetcw@pyuxa.UUCP (T C Wheeler) (07/03/84)

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