Don't fret readers; bankruptcy is a good thing in this article.
Atari Inc. is filing for Chapter 11 bankruptcy protection so that it may live on, for a time. The filing will help free the company from French parent Atari SA, formerly Infogrames, because they currently owe a hefty amount of cash to a company called BlueBay Asset Management. If the retro-gaming giant can manage to stay above water we could see more games released from them.
-Daniel, Jedi Editor
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Monday, January 21, 2013
Atari Files for Bankruptcy
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