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IESA |
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Additionally, the Company's issuance of stock in satisfaction of indebtedness to Infogrames Entertainment SA (IESA) will be treated for accounting purposes as involving a dividend to IESA equal to the value of the number of shares Atari will be issuing in satisfaction of that debt in excess of the number of shares the Company would have issued if that debt had been converted into common stock at stated conversion prices of $20 and $9. Holding company parent, Infogrames Entertainment SA (IESA) announced today that it has decided to adopt the legendary brand name of Atari for its global commercial operations, effective immediately. is a majority-owned subsidiary of France-based Infogrames Entertainment SA (Euronext 5257), the largest interactive games publisher in Europe. |
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