Atari Delisted By Nasdaq
After numerous warnings, Nasdaq [http://www.atari.com].
The company announced it had received a letter notifying it of the delisting on May 7, and that all trading in the company will be suspended effective today, May 9. A GameDaily [http://www.gamedaily.com/articles/news/atari-bounced-from-nasdaq/?biz=1]report said the troubled publisher is appealing the decision to the Nasdaq Listing and Hearing Review Council. The decision came after a May 1 session with the Nasdaq hearings panel failed to convince the exchange to allow Atari to remain listed.
Atari was delisted from the Nasdaq in buyout [http://www.escapistmagazine.com/news/view/64555]of the company by Infogrames, an $11 million deal announced on May 1.
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After numerous warnings, Nasdaq [http://www.atari.com].
The company announced it had received a letter notifying it of the delisting on May 7, and that all trading in the company will be suspended effective today, May 9. A GameDaily [http://www.gamedaily.com/articles/news/atari-bounced-from-nasdaq/?biz=1]report said the troubled publisher is appealing the decision to the Nasdaq Listing and Hearing Review Council. The decision came after a May 1 session with the Nasdaq hearings panel failed to convince the exchange to allow Atari to remain listed.
Atari was delisted from the Nasdaq in buyout [http://www.escapistmagazine.com/news/view/64555]of the company by Infogrames, an $11 million deal announced on May 1.
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