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Atari 2600 Console
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Atari, the iconic
company that pioneered the video game era, has filed for Chapter 11
bankruptcy protection to “separate from the structural financial
encumbrances” of its French parent company, Atari S.A. The filing,
which was made voluntarily in a bankruptcy court in New York by Atari’s
US-based subsidiaries (Atari Inc.; Atari Interactive, Inc; California
U.S. Holdings, Inc.; and Humongous, Inc.), also seeks to “seek
independent capital for future growth” in digital and mobile games.