[comp.sys.atari.8bit] Atari buying Federated?

store2@ihlpf.ATT.COM (Kit Kimes) (08/25/87)

I found this article in the atari.st group.  It should have been cross
posted here for all Atari owners to read.
						Kit Kimes
						AT&T-ISL
						Naperville, IL

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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
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sullivan@marge.math.binghamton.edu (fred sullivan) (08/26/87)

>"Atari to Purchase chain of retail stores."  Atari will pay $67.3 million

It appears to be true.  It was reported in the NY Times business section
today that Atari had announced the sale.

Fred Sullivan
Department of Mathematical Sciences
State University of New York at Binghamton
Binghamton, New York  13903
Email: sullivan@marge.math.binghamton.edu

appelbau@topaz.rutgers.edu (Marc L. Appelbaum) (08/26/87)

Yes, it is 100% true.  Neil Harris posted a complete message on GEnie
about it.  So, it seems we will see an ATARI only chain starting real
soon!
-- 
 -Marc L. Appelbaum 				
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