That year, in 1987, it had attempted to merge with television syndicator All American Television to form a single company that paid $36 million in a single transaction in order to establish it as a public company without an effort of an underwriting of an initial public offering, but the merger talks between Atlantic/Kushner-Locke and All American Television were never realized. Atlantic sold back its share in July 1988, and the company reverted to its original name.
In 1987, the company tried to merge with television distributor All American Television to create a single entity that would pay $36 million upfront to become a publicly traded company without going through an initial public offering process. However, the merger talks fell through, and Atlantic/Kushner-Locke sold its share back in July 1988, returning the company to its original name.