Wiki certainly says alot more than that. I think you might be over simplifying at tad. Yes, they began with a +30% share of the corp but the rest was release to "divest" So they bought it.

Which BTW Namco Bandai had a different name at the time.... LOL

http://en.wikipedia.org/wiki/Infogrames_Entertainment,_SA

Wiki page last modified on 13 June 2011 at 22:21.

"Namco Bandai buyout of Atari Europe and Distribution Partners"

http://en.wikipedia.org/wiki/Namco_Bandai_Partners

Wiki was last modified on 9 January 2011 at 02:34.

"On 7 July 2009, Atari Australia was completely acquired by Namco Bandai Holdings, and is no longer a subsidiary of Atari but rather one of Namco Bandai but the new company will still distribute Atari's titles in Australia.[1] Namco Bandai Holdings already had a 30% share in Atari's Australian subsidiary. Later in 2009 Namco Bandai Holdings acquired Atari's European operations outright in one swoop."

Well, it would seem it's all one big GIANT screwy mess and all I can say is:

GO RED TEAM!!

p.s. I still liked Ripten's picture best!! WOO HOO!