In 1984 Amiga Was The Only Good News

At the end of 1984 a small startup named Amiga Inc has developed some amazing technology but is near bankruptcy.  Amiga took a one month, $1M loan from the new owner of Atari, Jack Tramiel.  He tried to use the loan as a wedge to buy the company for $.98 per share.  Just two days before Amiga had to pay back that loan, Commodore bought Amiga for $4.25/share.  Amiga gave Commodore a new lease on life.  Read our Commodore chronology including Amiga HERE.


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