Archive for the tag "takeover"
Wednesday, May 14th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
Lazard Capital's Colin Sebastian just issued a note on last night's EA financials saying that news on the company's proposed buyout of Take-Two can be expected next Monday.
"Expect update on ...
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Saturday, May 10th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
EA's secured a $1 billion credit line to aid it with its proposed $2 billion takeover.
The cash is being fronted by Morgan Stanley, BNP Paribas and The Bank of Nova ...
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Wednesday, May 7th, 2008 Posted in EA, Take-Two, Trade | No Comments »
GI's landed a whopper this morning, with EA comms head Jeff Brown telling the site that a completion of Take-Two buyout is now "50/50 at best".
"We're not desperate and there's ...
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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 ...
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Friday, April 25th, 2008 Posted in Eidos, SCi, Trade, Warner Bros. | No Comments »
Warner Bros has confirmed a plan to buy £15 million in SCi stock, and to take control of the publisher's distribution in the US, Canada and Mexico.
In addition, SCi said ...
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Wednesday, April 23rd, 2008 Posted in Eidos, Rumour, SCi, Trade, UK | No Comments »
According to GI, SCi rejected the latest offer for the company. From the site:
UK publisher SCi has confirmed that it has rejected the latest offer made for the company, saying ...
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Monday, April 21st, 2008 Posted in Eidos, SCi, Trade | No Comments »
SCi has issued a statement confirming it is in talks to effectively sell the company, following weeks of speculation that Time Warner, NBC and various other companies are courting the ...
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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 ...
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Friday, April 18th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | 1 Comment »
From here:
SAN FRANCISCO, April 18 (Reuters) - Electronic Arts Inc (ERTS.O: Quote, Profile, Research) on Friday said it extended its tender offer for Take-Two Interactive Software Inc (TTWO.O: Quote, ...
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Thursday, April 17th, 2008 Posted in Legalities, Take-Two, Trade | 1 Comment »
Kotaku reports that a Take-Two shareholder is suing the company after it rejected a bid from EA last month.
The claimant, Patrick Solomon feels that Take-Two's execs are just holding out ...
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Thursday, April 17th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
Janco's Mike Hickey reckon's EA has only managed to get hold of 25 percent of Take-Two with its tender offer, which expires tomorrow.
"We continue to believe EA wants to buy ...
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Thursday, April 17th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | 7 Comments »
From here:
Electronic Arts Inc. said Thursday that it received a second request from the Federal Trade Commission in relation to its proposed $2 billion purchase of Take-Two Interactive Software Inc.
EA, ...
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Wednesday, April 16th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
Take-Two's just announced that it has received no stake-holder proposals ahead of its AGM tomorrow. Bet EA's thrilled. From here:
Take-Two Interactive Software Inc., which publishes and distributes "Grand Theft Auto" ...
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Tuesday, April 15th, 2008 Posted in Development, Gameloft, India, Trade, Ubisoft | No Comments »
According to numerous reports, Ubisoft is to buy Gameloft's Indian development studio for an undisclosed sum.
The sub-continental outfit employs 120 game developers and testers, and Ubi plans to build this ...
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Monday, April 14th, 2008 Posted in 2K, America, EA, Rockstar, Take-Two, Trade | 3 Comments »
One for the bookmark. You can find the SEC filing detailing EA's tender offer for Take-Two here. Did you know, for example, that the $26 per share offered amounts to ...
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Wednesday, April 9th, 2008 Posted in America, Take-Two, Trade | 12 Comments »
Take-Two's AGM, to be held on April 17, will be broadcast live, the company has announced.
A listen-only webcast will be available from http://ir.take2games.com for the meeting, which is obviously going ...
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Friday, April 4th, 2008 Posted in Rockstar, Trade | 1 Comment »
Rockstar's bought Bully: Scholarship Edition developer Mad Doc. The acquisition has allowed the Take-Two division to set up Rockstar New England.
“The team at Mad Doc Software is extremely talented,” said ...
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Friday, April 4th, 2008 Posted in Eidos, SCi, Trade | No Comments »
The Guardian's speculating that a bid of 80p per share has been put in for SCi. The company's shares rose 20.4 percent today on the news.
SCi's stock's trading at 60.5p ...
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Sunday, March 30th, 2008 Posted in Capcom, Trade | 7 Comments »
Capcom has announced that its wholly acquired K2 Studios via a simple exchange of stock which is expected to be completed on May 1.
"K2 has a proven record as ...
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Friday, March 28th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | 1 Comment »
EA has extended the time limit on its $2 billion offer for Take-Two to April 18, as you can see here. From the press release:
EA has extended its tender offer ...
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Wednesday, March 26th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | 7 Comments »
Take-Two's board has rejected EA's $26 per share offer for the company, saying that it has "thoroughly reviewed Electronic Arts's unsolicited conditional tender offer with the assistance of its financial ...
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Friday, March 14th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | 2 Comments »
EA CEO John Riccitiello has issued a stark warning to Take-Two investors a day after making a $2 billion tender bid for the publisher, saying that the affect on Take-Two's ...
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Thursday, March 13th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | 4 Comments »
Wedbush Morgan's Michael Pachter is in no doubt that EA will now acquire Take-Two, telling videogaming247, "A sale is inevitable."
EA made a $26 per share tender bid for Take-Two this ...
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Thursday, March 13th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
Stern Agee analyst Arvind Bhatia has said he now thinks it's likely that EA will complete a takeover of Take-Two, following the firm's tender offer of $26 per share this ...
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Thursday, March 13th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
Take-Two has told shareholders not to act on EA's $2 billion tender offer for the firm, and that it will review the bid over the next ten working days.
The offer ...
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Thursday, March 13th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | 4 Comments »
EA has made a tender offer of $26 per share for Take-Two, an offer valued at approximately $2 billion and a 64 percent premium over Take-Two’s closing stock price on ...
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Thursday, March 13th, 2008 Posted in 2K, EA, Rockstar, Take-Two | 2 Comments »
According to this, the Wall Street Journal is reporting that EA's not gong to wait for Take-Two to decide whether or not its ready for talks and is readying to ...
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Tuesday, March 4th, 2008 Posted in EA, Take-Two, Trade | No Comments »
Take-Two will announce results for its first quarter - ended January 31 - next Tuesday, March 11 after the close of the NYSE. There's going to be a investor conference ...
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Friday, February 29th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
According to this, an SEC filing has shown that since EA put in a bid for Take-Two, the GTA publisher has received other "informal indications of interest in a business ...
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Monday, February 25th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
Here. The script's just the speech part of the beginning of the call, so the questions at the end aren't detailed. You'll be able to hear the rest, should you ...
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Monday, February 25th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
Because we love you. See the links below for absolutely everything related to the EA buyout of Take-Two so far. We read 4,000 websites and listen to conference calls all ...
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Monday, February 25th, 2008 Posted in 2K, EA, Rockstar, Take-Two | No Comments »
EA CEO John Riccitiello, speaking in a conference call, has just said that the timing of acquisition activity towards Take-Two was specifically designed not to "screw with GTA".
He said earlier ...
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Monday, February 25th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
EA has dismissed a question in an ongoing conference call as to whether or not their are "runners up" to Take-Two in the quest for acquisition.
"Our focus is on Take-Two, ...
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Monday, February 25th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
In an ongoing conference call, EA CEO John Riccitiello has just said that, "We expect the development of GTA is essentially complete," explaining that the company's move on Take-Two's business ...
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Monday, February 25th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
EA CEO John Riccitiello has just said that the main reason EA is interested in buying Take-Two is to take control of GTA developer Rockstar.
"We see them as the asset, ...
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Monday, February 25th, 2008 Posted in 2K, EA, Rockstar, Take-Two, Trade | No Comments »
Here. It's got an open letter from EA CEO John Riccitiello, the original press release that went live last night, details of the 1pm GMT conference call and a FAQ ...
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Monday, February 25th, 2008 Posted in 2K, EA, Legalities, Take-Two, Trade | No Comments »
Speaking here, Wedburn Morgan analyst Michael Pachter is under no illusion that EA's now hostile bid for Take-Two has a strong chance of completing.
"By going public, EA is telling you, ...
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