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Archive for the tag "Strauss Zelnick"

Take-Two to EA: Your offer isn’t high enough

Tuesday, June 17th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | 5 Comments »

Strauss Zelnick, Take-Two's chairman, has responded to EA's offer extension to July 18 with the same line he's always stuck to - the price isn't high enough. “The latest extension of ... Read more..

Episodic move away from “hard goods” desirable, says Zelnick

Wednesday, June 11th, 2008 Posted in 2K, Rockstar, Take-Two, Trade | No Comments »

Speaking at the Piper Jaffray consumer conference in New York yesterday, Take-Two boss Strauss Zelnick admitted that the company is actively pursuing interests in episodic content, saying the model takes ... Read more..

Take-Two Q2 financials - All cash, GTA and Bioshock news in one place

Friday, June 6th, 2008 Posted in 2K, Action, Financials, PC, PS3, Rockstar, Take-Two, Trade, Xbox 360 | 2 Comments »

What a night. Following the release of the first in-game footage of Duke Nukem Forever, Take-Two issued second quarter financials and a mass of news on Grand Theft Auto, Bioshock, ... Read more..

Take-Two may enter rhythm-action space

Friday, June 6th, 2008 Posted in 2K, Rhythm action, Rockstar, Take-Two | No Comments »

Speaking in last night's Q2 financials conference call, Take-Two chairman Strauss Zelnick admitted the firm was looking at the rhythm-action sector for potential future launches but was cautious of releasing ... Read more..

Bioshock movie may come alongside third game, says Zelnick

Thursday, June 5th, 2008 Posted in 2K, Movies, Rockstar, Take-Two | 9 Comments »

Speaking in an investor call related to just-released Q2 financials, Take-Two head Strauss Zelnick said that the now-confirmed Bioshock film would not release alongside Bioshock 2 next year. "It's more likely ... Read more..

EA extends Take-Two offer to June 16, Zelnick responds

Monday, May 19th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »

EA has confirmed it is to extend its $25.74 per share tender offer to buy Take-Two to June 16, to which Take-Two's responded in the predictably nonchalant way, saying the ... Read more..

Zelnick claims GTA IV is glitch-free

Wednesday, May 7th, 2008 Posted in Action, PS3, Rockstar, Take-Two, Xbox 360 | 4 Comments »

Speaking in this CNBC interview, Take-Tweo chairman Strauss Zelnick has claimed that there are no technical problems with GTA IV at all. When asked about any issues with the game, Zelnick ... Read more..

Zelnick “vindicated” on EA stance by GTA IV performance

Thursday, May 1st, 2008 Posted in 2K, Action, EA, PS3, Rockstar, Take-Two, Trade, Xbox 360 | No Comments »

Bit late on this, but Take-Two chairman Strauss Zelnick's told the New York Times that he feels "vindicated" in fighting off EA's advances by the initial success of GTA IV. "The ... Read more..

Zelnick laughs in EA’s face over new offer

Friday, April 18th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | 5 Comments »

Strauss "Packet" Zelnick isn't impressed with EA's new tender offer for Take-Two of $25.74 per share. He's not impressed at all. The reduction in price from $26 per share is based ... Read more..

Take-Two AGM: Everything in one place

Friday, April 18th, 2008 Posted in 2K, Rockstar, Take-Two, Trade | 1 Comment »

Trust us: you really can't be bothered trawling the web for this lot. Not a huge amount happened at the Take-Two AGM in New York last night, but for the ... Read more..

Take-Two AGM: Zelnick takes two questions then shuts meeting

Friday, April 18th, 2008 Posted in 2K, Rockstar, Take-Two, Trade | 4 Comments »

In what pretty much sums up the entire Take-Two AGM last night, Gamespot brings word that chairman Strauss Zelnick answered only two shareholder questions before shutting up the meeting. The floor ... Read more..

Take-Two AGM: Listen to the full meeting online

Friday, April 18th, 2008 Posted in 2K, Rockstar, Take-Two, Trade | No Comments »

You can listen to the entire Take-Two AGM here, should you feel the need. The whole thing went off without a hitch, unfortunately. Read the rest of our coverage here. Read more..

Take-Two AGM: Shareholders approve ZelnickMedia incentive package, EA calls foul

Friday, April 18th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »

Take-Two shareholders passed a proposal at last night's company AGM to grant ZelnickMedia, Take-Two's manager, 1.5 million shares of restricted stock. EA communications boss Jeff Brown immediately waded in on the ... Read more..

Take-Two AGM: Shareholders re-elect board until 2009

Friday, April 18th, 2008 Posted in 2K, Rockstar, Take-Two, Trade | No Comments »

Shareholders at Take-Two's AGM in New York last night voted to keep the current board in place until 2009, the company has announced. Confirmation that Strauss Zelnick and the rest ... Read more..

Take-Two AGM: “Take-Two is worth more than $26 per share,” says Zelnick

Friday, April 18th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »

In what appeared to be the dampest of squibs, Take-Two and its investors rejected EA's tender big at its AGM overnight, saying the offer was simply too low. "The board believes ... Read more..

Take-Two financials: Bosses say nothing on EA buyout

Wednesday, March 12th, 2008 Posted in 2K, EA, Financials, Rockstar, Take-Two | No Comments »

In an investor call last night following the release of Q1 financials, Take-Two refused to talk about the recent $2 billion offer from EA, saying only that it had rejected ... Read more..

Take-Two board facing investor suit and possible coup

Tuesday, March 11th, 2008 Posted in 2K, Legalities, Rockstar, Take-Two, Trade | No Comments »

According to this, a Take-Two investor is bringing legal action again ZelnickMedia - the company in charge of Take-Two - for giving itself a substantial financial reward in the instance ... Read more..

Take-Two sets up employee cash if assimilated by EA, urges calm

Saturday, March 8th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »

Take-Two's bosses has set up a severance payment scheme for all its employees in the event of a take-over by EA, according to this. In an email sent to staff to ... Read more..

Zelnick shrugs off EA talk, says Take-Two has “independent” future

Wednesday, March 5th, 2008 Posted in EA, Take-Two, Trade | No Comments »

Speaking here, Take-Two boss Strauss Zelnick has dismissed EA's $2 billion bid for the firm, saying that Take-Two's future remains as an "independent" company. "We are here for our shareholders," he ... Read more..

That was the news – Week 9, 2008: Fighter Riccitiello’s move on Take-Two signals real start of epic publisher war

Monday, March 3rd, 2008 Posted in 2K, Activision Blizzard, EA, Rockstar, Take-Two, That was the news, Trade | No Comments »

Last week was a big one for news - including the end of Phil Harrison's 15-year career at Sony and first details of CMP's intentions to make GDC an invite-only ... Read more..

Thompson stands up to help EA evict “Zelnick Trojan Horse”

Monday, March 3rd, 2008 Posted in 2K, EA, Jack Thompson, Legalities, Rockstar, Take-Two | 5 Comments »

Jack Thompson has offered his help to EA in securing a take-over of Take-Two, and in the process getting rid of Strauss Zelnick, the publisher head he blames pretty much ... Read more..

ZelnickMedia payout draws Wall Street’s attention

Wednesday, February 27th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »

According to this, ZelnickMedia, the investment firm in charge of Take-Two, engineered a new payout system for itself shortly after EA put in its first offer for the publisher. In ... Read more..

EA’s bid “provides insufficient value”, says Take-Two boss

Monday, February 25th, 2008 Posted in 2K, EA, Take-Two, Trade | No Comments »

Here. Take-Two head Strauss Zelnick has hit back at EA's hostile move of revealing public intentions to acquire his company by saying the offer of $26 per share "provides insufficient ... Read more..

EA offers to buy Take-Two for $2 billion

Sunday, February 24th, 2008 Posted in EA, Take-Two | 5 Comments »

Take-Two has knocked back a $2 billion bid from EA. EA's now made the offer public as a hostile move. From a letter sent from EA CEO John Riccitiello to ... Read more..

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