Tag Archives: mcvuk

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 …

A bullish Nintendo UK has also triumphantly called Wii Fit the answer to those critics who blame the gaming industry for a lack of health and fitness among children. Nintendo’s Rob Lowe, senior product manager for Wii Fit told MCV: Overall it’s the biggest and most ground-breaking Wii campaign we’ve …

It’s official: the past three months have been the most lucrative first quarter in the UK industry’s history. ChartTrack has confirmed to MCV that retailers raked in a phenomenal 418.4m across all software, including office packages, while a total of 17.89m units were sold. Both categories demonstrate an expanding market …

Sales of video game consoles and software are up by an impressive 57 per cent in the US, despite the economic troubles faced by the country, according to research firm NPD. During March American consumers spent $1.7 billion on games with the Wii comfortably outselling Xbox 360 and PlayStation 3. …

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 …

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, …

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, …

The success of Nintendo’s DS knows no bounds in Japan, with the console’s software sales hitting a stonking 100 million units in the territory since launch. As IGN points out, Nintendo software is now as popular in Japan as ‘The Sims is in the entire world’. The top ten best-selling …

A new research book into the global video games industry, which was produced with $1.5 million of US Government money, has concluded that video games actually help give young people ‘social confidence’. Grand Theft Childhood: The Surprising Truth About Video Games And What Parents Can Do, penned by Lawrence Kutner …

Speaking ahead of Take Two’s annual general meeting later today (US time), Janco Partners’ Mike Hickey has stated he believes the Redwood publisher will need to up its bid by $4-per-share to $30 in order to be sure of completing an acquisition. Hickey also believes that at the current offer …