Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!mnetor!uunet!seismo!ll-xn!ames!amdahl!oliveb!dragon From: dragon@oliveb.UUCP (Give me a quarter or I'll touch you) Newsgroups: comp.sys.atari.st Subject: Re: Atari buying Federated? Message-ID: <3828@oliveb.UUCP> Date: Mon, 24-Aug-87 20:30:38 EDT Article-I.D.: oliveb.3828 Posted: Mon Aug 24 20:30:38 1987 Date-Received: Wed, 26-Aug-87 00:44:10 EDT References: <26410@sun.uucp > Organization: Dragon Technology, Inc. San Francisco, USA Lines: 35 in article <26410@sun.uucp >, cmcmanis%pepper@Sun.COM (Chuck McManis) says: > In article <8708241755.AA18954@orville.arpa > (Karl Rowley) writes: > > I heard on the radio news this morning that Atari was buying Federated > > Stores. Anybody know anything about this? > This would be quite interesting if true. I don't think it is because of > two aspects of the situation. First, Federated (at least here in Sunnyvale) > sells the Amiga rather than the ST. Thus, it would seem to open Atari up > for lawsuits from Commodore about predatory trade practices etc, etc. Second > If Atari goes out and spends a bundle buying a retail chain that sells TV's > and Stereos their users are going to be royally pissed. Would you rather have > Jack spend it money on a retail chain you probably never heard of, or getting > the bugs out of GEMDos ? Nope, I don't think it is true. > --Chuck McManis > uucp: {anywhere}!sun!cmcmanis BIX: cmcmanis ARPAnet: cmcmanis@sun.com > These opinions are my own and no one elses, but you knew that didn't you. 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 Olivetti Advanced Technology Center _____ _____ __|__ _____ 20300 Stevens Creek Blvd. | | _____| | | Cupertino, CA 95014 |_____| |_____| |__ |_____