Tag Archives: electronic arts

New Harry Potter game announced

EA’s Casual Entertainment Label will publish the video game version of Warner Bros movie Harry Potter and The Half Blood Prince later this year. The title will be released this autumn for Wii, PS3, Xbox 360, PS2, PSP, DS, PC, Mac and mobile. We believe that the Harry Potter and …

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Take Two dismisses new EA offer

Take Two has responded to EA’s latest attempt to snap up the GTA publisher – maintaining that the offer is inadequate” and that it is now considering entering into a business combination with a number of other interested parties.” The latest statement from chairman of the Board at Take Two …

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EA tables new offer, Take Two decision deadline set

EA’s relentless pursuit of Take Two has taken another twist as it has tabled a fresh approach and allowed its acquisition target more time to consider its offer. The offer price is now $25.74 per share compared to the $26 per share deal originally conceived, amended to take into consideration …

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Take Two Board rejects EA approach again

Take Two executive chairman Strauss Zelnick has labelled EA’s ‘hostile’ $26-per-share tender bid forhis company as still being wrong place, wrong time”– and once again urged the firm’s shareholders to turn down the offer. Despite Zelnick’s protestations, however, there’s still time for EA’s bid to be successful: the offer expires …

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Take Two bans new shareholders from annual meeting

Take Two has barred newer investors from attending its imminent annual shareholders meeting – in which the publisher is set to give an indication of the outcome of its ongoing acquisition saga with EA . Some who no longer own shares will have a role to play in the conference, …

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Microsoft: Were not interested in buying Take Two

Microsoft Game Studios’corporate VP Shane Kim has said that the firm is not likely to challenge EA’s $2 billion acquisition bid for Take Two because MS ‘doesn’t have any past relationship’ with the firm and is put off by the price it would have to pay. Answering GameDaily readers’ questions, …

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EAs bid for Take Two the story so far

As the countdown to Take Two’s annual investors’ meeting begins, it’s a timely opportunity to look back on just why EA’s $2 billion bid for the company has come to dominate the headlines of the global games business press this year. It all kicked off on February 24th, when EA …

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Take Two investor sues over EA bid rejection

According to Kotaku , a Take Two shareholder has filed a class action suitalleging thatthe circumstances surrounding the publisher’s refusal to sell to Electronic Arts were fiscally irresponsible. Take-Two disclosed the news in a filing to the Securities Exchange Commission. The stockholder, Michael Maulano, filed the complaint on April 11th …

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Federal Trade Commission ups investigation into EA

Electronic Arts has received a second request from the Federal Trade Commission in relation to its proposed $2 billion purchase of Take-Two. According to Yahoo’s finance pages, EA said that while it believes the proposed acquisition would not be anticompetitive, the FTC hasn’t yet come to a conclusion – and …

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Take Two stockholders silent as annual meeting looms

EA’s bid for the publisher remains in the balance ahead of Take Two’s annual meeting of stockholders, as no proposals of any kind – to either accept or reject the bid – have been put forward. Take Two is expected to reveal more on the proposed takeover at the potentially …

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