Atari Enters into an Agreement to Acquire Night Dive Studios.
“It’s not every day a deal you’ve been working on makes the news. Very excited that the Nolan Heimann LLP team was able to be a part of this deal and we wish Nightdive Studios and Atari a bright future together.” - David Schnider, Co-Managing Partner.
As reported by Yahoo! Fianance:
“Atari® (the “Company”) — one of the world's most iconic consumer brands and interactive entertainment producers — announced that it has entered into an agreement to acquire 100% of Night Dive Studios Inc. (“Night Dive”), a full service game development and publishing company based in Vancouver, Washington, USA.
In addition, Atari, SA also announced that it intends to proceed in the near-term with a €30 million bond issue convertible into new shares of Atari (the “Convertible Bonds”) in order to meet with its capital needs in the context of the implementation of its new growth strategy and refinancing of its debt.”