Comment on Atari Acquires Intellivision Brand

Jomega@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

• ilinamorato@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

  Bankruptcy is intended to be (though is not often in actuality) a temporary restructuring period. A lot of companies just end up liquidating while under bankruptcy proceedings, but Atari emerged from Chapter 11 in 2014 after a year of restructuring and selling off IPs to pay their bills. Now they’re doing a bunch of stuff, including casinos and hotels.

  source

  • magnetosphere@fedia.io ⁨5⁩ ⁨weeks⁩ ago

    … casinos and hotels.

    On one hand, that’s weird AF. On the other, I would definitely stay at (and probably steal towels from) the Hotel Atari.

    source

    • PlasticExistence@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

      You can check out any time you like, but you can never leave set the high score.

      Guitar solo

      source
  • Aatube@kbin.melroy.org ⁨5⁩ ⁨weeks⁩ ago

    (Half of bankruptcy is restructuring/planning while the other half is liquidation. Either way, the goal is to have a clean-ish start in debt terms.)

    source