Atari issued second de-listing notice from NASDAQ

[HEXUS]

Atari, the troubled games publishing division of Infogrames, has received a second de-listing notice from NASDAQ as they are yet to file their quarterly financial statement.

Read more.

[kalniel]

You mean third?

First delisting notice was March 2006, second was July 2007.

[Enda]

are they noted elsewhere or are pushed away from stock market altogether?

[kalniel]

Not sure. It's only the US branch though, of which 51% is owned by Infogrames. The EU branch which is a full subsidiary of Infogrames wouldn't be affected.

edit: ah, Atari EU is privately owned by infogrames. If Atari Inc got delisted then I wonder if Infogrames could buy the rest of it and take that private too?