atari email archive

a collection of messages sent at Atari from 1983 to 1992.

ATARI GAMES ACQUIRES BARREL OF FUN ARCADE CHAIN

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Effective July 30, 1987 Atari Games Corporation and Barrel of Fun, Inc.
of Savannah, Georgia have finalized an agreement for the sale of Barrel
of Fun's entire chain of arcades.  As of September 1, 1987 all of Barrel
of Fun assets will be transferred to a new subsidiary of Atari Games.

All arcades, which are primarily located in six southeastern states, 
currently operate under the name of "Barrel of Fun" or "2001 Entertainment
Center."  The arcade chain was founded in 1977 by Herbert C. Skinner,
former chairman, and Richard W. Adams, former President and CEO.  Adams
will remain with the company and report directly to Atari President,

Hide Nakajima.

Commenting on the company's strategic move, Nakajima says, "This
transaction was clearly a part of our long-term objective to expand
our business through arcade operations.  This acquisition complements
our existing efforts in opening new locations, and much of our future
growth will be concentrated in this end of the business."

Herbert Skinner added, "The association between the two companies has
been a very compatible one from the start, and I am pleased that Atari
Games will be stepping in to continue developing the business with the
same enthusiasm in which it was started."

Barrel of Fun acquisition

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Effective September 1, 1987 Atari Games completed its purchase of Barrel
of Fun.  The arcade operations will now be run by a wholly-owned
subsidiary of Atari Games called Atari Operations, Inc.  Atari
Operations will continue in its efforts to expand the arcade operations.
Dick Adams, formerly President of Barrel of  Fun, will now be joining
Atari and will be responsible for the day-to-day operations of the
subsidiary as Vice President of Atari Operations.
   - Dennis Wood
Message 1 of 2

Aug 05, 1987