Atari Files For Bankruptcy

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Posted January 21, 2013 by Rhys Evans in Gaming News, News

The US arm of Atari, the developers of Pong and Asteroids, have filed for bankruptcy protection.

The bankruptcy comes after a dismal two years for the company, with poor sales and their share prices falling below one Euro.

The aim of the bankruptcy is to “break free” from its parent company, which has been facing tax problems in France, and being reborn as a new entity.

 


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