Good ol’ EA, they can always be counted on to raise the stakes in the corporate takeover arena. They have extended their due date for Take Two shareholders in response to the delayed annual shareholder meeting to take place April 18th. However, they have placed in the bid agreement a new caveat which […]
EA is not going to give up. Their tender offer to the board of Take-Two Interactive a couple weeks back for $2 billion was summarily rejected. Now, EA is back and ready to by-pass their courtesy offer to the board of Take-Two and take their billions straight to the shareholders of the […]
Game analyst Michael Pachter concludes that Rockstar’s highly anticipated game where you drive around shoot things, Grand Theft Auto 4, will sell 9 million copies during the fiscal year, 6 million of those will be sold during the first week of release. Geeesh, that’s some money right there. How much you ask? Well Pachter estimates […]
Take-Two confirmed that Bioshock 2 is currently in development at the 2K Marin studio and will be released during the 2009 holiday season. This should in no way come as a surprise to anyone as Take-Two loves money just as much as everyone else and Bioshock the first has sold over 2 million copies since […]
Devourer of game companies, Electronic Arts, now known simply as EA, has proposed a buy out of Take Two Interactive for $26 per share. This equates to about $2 billion dollars. As of this writing, Take Two stock has jumped from $17.36 a share at closing on Friday to $26.44. Maybe […]