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EA Attempts To Acquire Take-Two Interactive

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2008-02-24 19:30:53 by William in Gaming Today
Electronic Arts announced today that it has proposed to acquire Take-Two in cash merger valued at approximately $2.0 billion. Details are still surfacing concerning the proposed merger, but this is certainly exciting news The news follows weeks of rumors that Take-Two would be the subject o an acquisition bid, with Viacom touted as a possible...
 
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BREAKING - EA in Hostile Bid to Acquire Take Two

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2008-02-24 19:25:38 by GamePolitics in GamePolitics.com
Entertainment software giant Electronic Arts announced today that it is seeking to merge with GTA publisher Take Two Interactive in what would be a two billion dollar deal But Take Two is playing hard-to-get An EA press release claims that it offered $26 per share for Take Two stock in a February 19th letter from EA CEO John Riccitiello (right)...
 
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EA's Take-Two Buyout Offer Turns Hostile (Update 2)

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2008-03-13 06:59:14 by Susan Arendt in Wired: Game|Life
Take-Two may have rejected Electronic Arts' first $2 billion offer to acquire the company, but EA is trying again, this time by reaching out directly to the shareholders in a hostile takeover bid EA is offering to buy all outstanding Take-Two Interactive stock for $26 a share, which closed at $24.91 the day before the original offer was made...
 
Tags: take-two, offer, take-two shareholders, reuters, take-two reuters, take-two rejects, take-two investors, buyout offer, take-two interactive stock
 
 
 
 
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Take-Two Rejects EA's Offer as Opportunistic of GTA IV Sales; Looking at Third-Party Offers

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2008-03-26 18:02:50 by Stephany in Gaming Today
The EA/Take-Two debacle continues today with Take-Two rejecting EAs offer of $26 per share, and are instead looking into third-party offers and maybe even the possibility of a merger with another company. Take-Two feels that EA is just looking to cash in on the phenomenon that will be GTA IV - and even though I am not much on EA buying up...
 
Tags: eas offer includes, eas offer, offer, reject eas offer, eas offer represents, take-two, take-twos board proposes, take-twos board, offer price
 
 
 
 
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From A Cyberpunk Hell To Hot Coffee And CEO Scandals, A Brief History of Take-Two Interactive

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2008-02-25 22:01:26 by Patrick Klepek in MTV Multiplayer
The past few days have not been the relaxing post-GDC weekend hoped for by the Multiplayer crew. Thanks, Electronic Arts The blogosphere has been digging deep into EAs public attempt to purchase Take-Two Interactive , but while most of the world is wondering whats next?, Multiplayer figured it was worth a trip into the past, too How did a...
 
Tags: take-two, purchase take-two interactive, eas, eas surprisingly, company, company shares, original gta, gta, eas public attempt
 
 
 
 
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Gaming Today Impressions of Army of Two (PS3)

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2008-03-10 17:25:56 by Ron Whitaker in Gaming Today
Army of Two Developer : EA Montreal Publisher : Electronic Arts Price : $59.99 Platform : Xbox 360, PlayStation 3 Category : Action ESRB Rating : M for Mature (Blood, Strong Language, Intense Violence Release Date : March 4, 2008 Before I really get into talking about Army of Two , I think its only fair to point out that I love co-op games. As...
 
Tags: army, game, todays game market, game features, game starts, impressive game, impressive, free online play, love co-op games
 
 
 
 
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EA Not Giving Up On Take-Two

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2008-03-28 08:54:46 by Susan Arendt in Wired: Game|Life
Refusing to go gentle into that good night, Electronic Arts today extended its tender offer for Take-Two by one week. The new closing date for the offer, April 18th, is one day after Take-Two's annual shareholder meeting Take-Two rejected EA's offer earlier this week, calling it the "wrong price" at the "wrong time." The company also adopted a...
 
Tags: take-two, take-two nasdaq, take-two buyout offer, buyout offer, offer, tender offer, take-two rejects, 26-per-share offer price, share
 
 
 
 
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Two Worlds Devs Want a Second Chance with The Temptation

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2008-04-23 18:35:34 by Chris in Gaming Today
I dont think Ill find many people who disagree with me when I say that Two Worlds wasnt very good. It was pretty terrible, actually. Compared with Oblivion , it really fell short in every way possible, even if Oblivion wasnt superb in every way. But Two Worlds developer Reality Pump thinks those comparisons with Oblivion were unfair, as the two...
 
Tags: worlds, worlds expansion, temptation, worlds sequel, console game, game, games components, games, reality pump
 
 
 
 
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Take-Two Still Believes EA's Offer is Insufficient

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2008-05-19 21:45:57 by Chris in Gaming Today
As if to confirm my suspicions that nothing will be worked out between EA and Take-Two by the new deadline of of June 16, Take-Two chairman Strauss Zelnick and CEO Ben Feder have made a statement which claims the deal undervalues Take-Two Prepare to get your quote on This is the same highly conditional proposal that EA offered Take-Two...
 
Tags: take-two, deal undervalues take-two, stockholders, take-two acquisition offer, stockholders agree, take-twos stockholders, take-two stockholders, highly conditional proposal, proposal