Tag Archives: EA

EA appoints new CFO

EA has appointed former EA-exec Eric Brown as the firm’s new chief financial officer and EVP. Brown joins the publisher from McAfee Inc, where he worked as CFO and chief operating officer. Previously Brown has held management positions at DataSage and the Haagen-Das company prior to becoming COO at EA’s …

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Pachter: Take Two has made a mistake

Following Take Two’s stern rejection of EA’s $26 per share offer for the firm earlier today , Wedbush Morgan’s Michael Pachter has stated that he believes the publisher’s board has made an error of judgement. We’re frankly surprised by Take Two’s rejection of EA’s offer,” Pachter stated. Although many of …

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EA expected to up Take Two bid

Shortly before Take Two clarified its stance concerning EA’s proposed takeover, Goldman Sachs analyst Mark Wienkes stated that he believes EA will up its $26 per share offer for its publishing rival. He also upped his recommendation of EA’s shares, stating that he believes they will soon be on the …

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Take Two to consider strategic business combination

In a new official response to the recent approach for the firm by rival EA, Take Two has said that it is prepared to consider entering into discussions with third parties about a possible business combination” – but not until after Grand Theft Auto IV is released next month . …

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Rock Band Wii details emerge

EA and MTV Games have revealed details for the upcoming Wii version of Rock Band, which was first announced by CEO John Riccitiello during EA’s third-quarter conference call in February. The game is set to feature 63 songs, and will be available in the US on June 22nd – along …

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EA to publish GTA IV?

The industry’s most respected financial analysts have been discussing EA’s ‘hostile’ tender offer for Take Two – with some saying that it could happen quickly enough for Grand Theft Auto IV and Manhunt 2 to have EA’s name on their box. The group also deliberated the timescale of the deal …

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EA’s Take Two bid the most hostile in history

Leading financial observers are agreed: the video games industry has never seen an M&A move anywhere near as aggressive as Electronic Arts’ hostile bid for Take Two. The fascinating story of EA CEO John Riccitiello’s one man mission to secure the acquisition took a further turn this week, as it …

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EA is Rockstars white knight, says Riccitiello

EA chief executive John Riccitiello has said that his employer can be Rockstar’s ‘white knight’ – suggesting that only a successful acquisition of Take Two can give the developer a secure future. However, leading analysts have condemned the statement, with Janco Partners’ Mike Hickey telling GameDaily.biz: My belief is Rockstar …

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New EA Sports IP inbound

Speaking on his brand new blog , EA Sports boss and former Xbox head Peter Moore has said that gamers can expect an announcement about a new EA Sports IP pretty soon. I’ve seen speculation the past few days about the comments we’ve made recently about new IP coming this …

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