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.
That year, in 1987, it had attempted to merge with television distributor All American Television to form a unified entity that paid $36 million in one transaction to become a publicly traded company without an initial public offering process. However, the merger negotiations between Atlantic/Kushner-Locke and All American Television were never completed. Atlantic sold its share back in July 1988, and the company resumed its original name.