Wall Street Journal: EA to extend Take Two deadline

Electronic Arts is expected to extend again the deadline for its hostile tender offer to acquire Take-Two, the Wall Street Journal is reporting this morning.

The deadline for EA’s last bid for the Rockstar parent passed by without any announcement on Friday, but the WSJ believes the Redwood company may even announce its plans today.

In March, EA amended its original bid from $26-per-share down to $25.74-per share – as it set the May 16th deadline.

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trop [Industry news] Trophy Games Makes Its Largest Acquisition Ever - and Upgrades Its Outlook

[Industry news] Trophy Games Makes Its Largest Acquisition Ever – and Upgrades Its Outlook

The Danish publicly traded computer game company Trophy Games is acquiring the French game developer Playrion from Paradox Interactive. This is the largest acquisition in Trophy Games' history and will form the foundation for a new series of simulation games. At the same time, the company is raising its revenue expectations for the year to €22.8-€24.1 million . With the acquisition of French Playrion, Trophy Games gains 30 new employees and a new foundation for future growth.