Tag Archives: acquisitions

The Hut Group plots more acquisitions

Zavvi.com’s operator has vowed to buy more companies as it looks to widen its product range. The Hut Group – which also runs a string of other business-to-business entertainment websites – recently purchased UK gifting giant Iwantoneofthose.com and health and beauty specialist LookFantastic. And the company’s commercial director said these …

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EA downsizes acquisition plans

One year after EA failed in its $2 billion attempt to purchase GTA publisher Take Two, the firm has said it is no longer interested in such large-scale acquisitions. However, EA chief financial Officer Eric Brown says that the group is still interested in smaller takeovers. For the full story, …

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Activision Blizzard considering further acquisitions

Activision’s president and CEO of publishing Mike Griffith has stated that the global economic crisis, and more importantly resulting deflated company values, could pave the way for his firm making further acquisitions. Griffith told Bloomberg: The combination of Activision holding a fair amount of cash and presumably prices being depressed, …

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