News tagged with Take-Two (12 results)
EA Attempts Hostile Take-Two Takeover
This press release
reveals that EA's attempt to acquire Take-Two Interactive (story)
has become a hostile takeover bid (thanks
Voodoo Extreme). EA's overtures have so far been rejected
(story) amidst claims of competing offers (story)
and accusations of shenanigans (story), so EA is bypas...
Take-Two Rebuffs EA
Take-Two
Interactive Software Board Rejects Electronic Arts' Offer as Inadequate has
the latest news in EA's attempted hostile takeover of Take-Two. The board is
recommending to shareholders that EA's $26/share offer be rejected, but of
course, if they didn't it would not be a hostile takeov...
EA & Take-Two Play Chicken
EA
extends offer for Take Two on MCV reports on the ongoing intrigue as EA has
revealed their counter-move to Take-Two's latest maneuver reacting to EA's
attempt at a hostile takeover. Following the rescheduling of Take-Two's annual
meeting (story), EA has changed the deadline for their offe...
EA Extends, Lowers Take-Two Offer
EA
extends Take-Two bid to May 16 (thanks Dagok) has word that after having
their $26/share offer rejected by the Take-Two board, they are playing hardball
by extending the offer deadline to May 16 and reducing the offer by 26
cents/share, perhaps thinking the original offer was turned down ...
EA's $1 Billion in Take-Two Cash
GameDaily has word that EA has secured a line of credit of up to one billion
dollars to support its two billion dollar bid to acquire Take-Two. Take-Two has
so far rebuffed EA's advances, but the cash is ready should an agreement be
reached (or, you know, if something really cool pops up on ...
EA May Extend Take-Two Deadline
Electronic Arts may extend Take-Two offer deadline has word that Take-Two's
lack of interest in Electronic Arts' takeover bid (story) may not
deter EA from once again extending the deadline (thanks Mike Martinez). The article says
EA may announce take-two on their attempts to take Take-Two a...
EA Extends Take-Two Offer
EA Extends
Expiration Date for Take-Two Offer to June 16, 2008 (thanks Gamer's Hell) has the
expected follow-up to word that EA was considering another extension of their
takeover offer for Take-Two Interactive (story). As the headline
states, the new deadline is June 16, but
Take-Two has
...
EA Take-Two Technicalities
EA agrees to delay Take-Two acquisition pending FTC review has word that EA
has agreed to comply with an FTC ruling that they wait until the FTC has
completed its investigation (or 45 days after complying with their requests for
information) before completing any acquisition of Take-Two Inte...
Take-Two Stake Taken
Reuters reports that the acquisition of a 5.3% stake in Take-Two Interactive
by hedge fund SAC Capital. Take-Two has been the target of an aggressive
takeover attempt by Electronic Arts, but it not clear is this new development is
related to that, nor whether it will have any influence over ...
On EA's Take-Two Takeover Bids
What To Make of the Industry's Urge to Merge on Gamasutra features a
roundtable discussion with financial analysts about consolidation in the game
industry, arguably highlighted by a tidbit
posted
separately here where Wedbush Morgan's Michael Pachter says that blame for
EA's (so far) fut...
EA's Take-Two Offer to Expire Tonight
Electronic Arts won't extend Take - Two deadline (thanks Neutronbeam) has
word that Electronic Arts will not renew its tender offer to Take-Two after it
expires at 11:59 pm tonight. It sounds like between now and then, a meeting will
take place where Take-Two will pitch for more cash one las...
EA & Take-Two Hostilities Cease, Negotiations Ensue
EA drops
hostile Take-Two bid and enters talks announces EA's attempted hostile
takeover of Take-Two is ended (thanks Mike Martinez), and as implied by
the announcement earlier today (story), Take-Two and EA are
now engaged in negotiations: NEW YORK (Reuters) - Electronic Arts Inc
(ERTS.O...
