Looks like Phil Harrison’s time at Infogrames has started with a bang. The company has offered to buyout Atari’s stock for $1.68 a share.

Keep in mind, Infogrames is already the majority stockholder in Atari, essentially controlling the company. This offer is to buy all remaining stock to fully own the company. Atari is set to hold a meeting of the board to discuss the takeover and see how they feel.

I say let it happen. Atari is in the crapper right now, and being controlled by Infogrames can only help. I just hope they don’t kill the Atari brand, as many of us have very fond memories growing up their systems and games.

[via GamesIndustry.biz]