Tag Archives: take two

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 . …

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 …

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 …

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 …

EA’s ‘hostile’ bid for Take Two may hit a snag when it comes to approaching individual shareholders – because many are experienced short-term investors that believe they can push the publisher’s offer skywards. That’s according to The New York Times, which reports that ‘there has been a considerable turnover in …

Following the news that Manhunt 2 will receive a UK release, Rockstar has promised to market the game responsibly, reports the BBC. In a statement, the company said: "We are pleased that the VAC has reaffirmed its decision recognizing that Manhunt 2 is well within the bounds established by other …

CEO of Electronic Arts John Riccitiello has cautioned Take Two’s Board against trying to dissuade its stakeholders from accepting EA’s ‘hostile’ offer for the firm – warning that the move could have a devastating effect on the publisher’s shares. Take Two yesterday urged its shareholders to ‘take no action’ over …

Electronic Arts CEO John Riccitiello has said that Rockstar is the publisher’s primary interest” in its bid to acquire Take Two. EA’s buyout of Take Two became a much stronger possibility yesterday – as the US mega-publisher went ‘hostile’ by approaching individual shareholders with a tender offer of $26 per …

Chance to add more "great developers" to EA stable has spurred Take 2 takeover attempt says CEO