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Article #438 (635 is last): From: cb541@cleveland.Freenet.Edu (James R. Gilbert) Newsgroups: freenet.sci.comp.atari.news Subject: Atari merger with JTS Reply-To: cb541@cleveland.Freenet.Edu (James R. Gilbert) Posted-By: xx004 (aa778 - Fred Horvat) Date: Fri Mar 8 06:32:50 1996 I figure everyone knows this, but it is worth posting anyhow. In late Feb. '96, some financial officer of Atari Corp. announced that Atari was proposing a merger with JTS. JTS officers would control Atari (i.e. the Tramiels would not be in control of Atari). Atari stock would represent 60% of the merged company, meaning, I guess, that Atari stockholders would be the majority in the newly merged company. JTS biggies are Tandon and Seagate guys (the 'T' and 'S' in JTS, I guess.) I don't know if JTS still makes Tandon and Seagate drives, I don't think so. Atari stock on the AMX went up following the announcement some. >From about 2 to a little over 3 in a few days. There is no idea what JTS would do with Atari, at least as far as I know. It seems the Tramiels are trying to the best they can for Atari stockholders, as the stock did go up after this. Atari Games video arcade is a separate company. Now, there are probably copies of official announcements which could be informative, and I did some guessing, but I think what I said is basically correct and that this info is Atari news.