Tag Archives: take 2

Despite its ongoing game of cat and mouse with potential acquiror EA, Take Two has revealed that it is hoping to broaden its distribtion reach and launch online games to full capitalise on the growing markets in Asia and the Pacific. Former senior staffer at EA and Vivendi Hubert Larenaudie …

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 …

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 …

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 . …

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 …

In the wake of last night’s financial report from Rockstar-owning Take Two, Wedbush Morgan analyst Michael Pachter has stated that the upcoming financial uplift that will accompany the release of GTAIV is not enough to hide the problems faced by the publisher. Take Two is pretty much the same company …

Following Take Two’s financial results last night , leading games analyst Michael Pachter has said he is unimpressed with the results, though he does expect GTAIV to be an overwhelming success. We are relatively unimpressed with Take Two’s lineup for the next financial year with the glaring exception of GTA …

In last night’s financial report , Rockstar owning Take Two stated that downloadable episodic content is an area that it intends to invest heavily in, with regular updates for its biggest titles already penned in for 2009. We also have significant visibility into fiscal 2009, which includes additional episodic content …

Take Two announced a generous severance package for its employees as a result of EA’s $2 billion bid for the company. The Financial Times reports that in a regulatory filing late on Friday, Take Two said its Board had approved a package for employees in the event that they lose …

Industry analysts have told MCV that Take Two should accept a takeover bid from EA in the next few months – or it risks missing out on its only real chance to find a suitor. While Take Two boss Strauss Zelnick said this week that the $2bn bid substantially undervalues” …