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Old 13-03-2008, 07:31 PM   #1
velik_m
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Default All your game companies are belong to us

Electronic Arts Goes Hostile on Take-Two

REDWOOD CITY, Calif. (AP) Video game maker Electronic Arts Inc. said Thursday that it has launched a hostile $2 billion tender offer for rival Take-Two Interactive Software Inc., the publisher of "Grand Theft Auto" and other video games.
The move takes the offer directly to Take-Two's shareholders after Take-Two rejected the offer late last month.
At the time, Take Two had said it was open to talks with Electronic Arts but wanted to wait until April 30, the day after the latest version of Grand Theft Auto hits store shelves.
The $26 per share cash tender offer from an Electronic Arts' subsidiary represents a 4 percent premium to Take-Two's closing stock price of $24.91 on Wednesday and a 64 percent premium to the company's Feb. 15 closing stock price, which was the last trading day prior to Electronic Arts' revised offer.
The tender offer, which is not contingent on financing, is set to expire at midnight on April 11, unless extended. Take-Two's annual shareholders' meeting is expected to take place on April 10.


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also: http://news.bbc.co.uk/2/hi/technology/7294812.stm
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Old 13-03-2008, 11:10 PM   #2
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Me is playing now this, seems to fit perfectly.
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Old 14-03-2008, 01:48 PM   #3
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Old 15-03-2008, 05:42 PM   #4
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"We Are The EA Games! Your Company Will Be Assimilated! We Will Add Your Workforce And Your Games To Our Own! Resistance Is Futile!"
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Old 16-03-2008, 02:45 AM   #5
Lulu_Jane
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You know, I noticed the other night that EA had it's filthy little hands on my mobile phone version of Bejewelled.... Bejewelled!

THEY WILL NOT STOP
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Old 16-03-2008, 07:16 AM   #6
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Its just EA's way of catching up to Activision ever since their merger with Vivendi, which honestly I don't see why people aren't just as much complaining about, especially since we are going to get a ton of more guitar heroes in the coming future and much more of their liceneses too. Yes EA has made some really bad decisions with some of the companies they acquired Origin, Westwood, Bullfrog, etc... but had EA not done this move, chances are very good Activision was going to do it, despite their denial they made earlier in the week, they would have made a bid easily at a later date.
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Old 17-03-2008, 04:59 PM   #7
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In the end, all of them will be part of Micro$oft. :laugh:
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