In a frank interview with American news agency Forbes , Sega of America president Simon Jeffery has labelled EA a petulant child” in reference to the way it has conducted its attempted acquisition or Grand Theft Auto publisher Take Two. It feels like EA kind of needs Take-Two, but it …
Read More »No EA-Take Two deal until August 21st
Next-gen has reported that EA cannot acquire Take Two until August 21st due to a Federal Trade Commission request for more information related to the proposed $2 billion deal. EA has agreed to comply with the FTC’s demands, having previously set a decision deadline for Take Two of July 18th. …
Read More »Riccitiello: Take Two saga was our plan all along
John Riccitiello has told an audience of investors that it was EA’s plan all along to seal its acquisiton of Take Two before the end of the year, rather than before the record-breaking release of GTA IV. Kotaku reports that Riccitiello spoke of the Take Two deal at William Blair …
Read More »Ubisoft in for Take Two?
Ubisoft is perfectly placed to snatch Take Two from under EA’s nose in a shock merger – and may well have a very keen eye on the publisher’s sports portfolio. That’s according to respected business bible Forbes, which today fingered the French firm as a possible contender to EA in …
Read More »PS3 BioShock confirmed for October
Only days after the news that one of Xbox 360’s hottest IPs is to make the move to PS3, publisher 2K Games has confirmed that the PS3 incarnation of BioShock will arrive on Ps3 this October. It has also been revealed that the game will come complete with all the …
Read More »Jack Thompson hits out at Take Two boss
In a letter addressed to the mother of Strauss Zelnick, lawyer Jack Thompson has likened the Take Two boss to a member of the Hitler Youth – and blamed GTA for the death of three policemen in Alabama. The outspoken critic also accused GTA of being a murder simulator. The …
Read More »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 …
Read More »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, …
Read More »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 …
Read More »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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