This is again due to the debt that Atari S.A. finds itself in with BlueBay. Jim Wilson, the Chief Executive of Atari Inc. and Atari S.A. issued the following statement.
"In light of the current situation with BlueBay, we have decided to take what we think is the best decision to protect the company and its shareholders.
"Through these ongoing procedures, and especially the auction process in the US, we will seek to maximize the proceeds in the best interest of the company and all of its shareholders."
"Through these ongoing procedures, and especially the auction process in the US, we will seek to maximize the proceeds in the best interest of the company and all of its shareholders."