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Rising beyond EA's offer, it appears Take-Two shareholders were wise to back Zelnick's defiant stand...
With the world gearing up for the release of GTA4, it seems the hysteria has cemented Strauss Zelnick's decision to reject EA's recent Take-Two takeover attempt as "too low".
Watching the "10's" rolling in and smiling gleefully to the tune of $400 million in expected first-week sales, we'd imagine Take-Two's shareholders are relieved to see the publisher's share value reach a daily high of $27.10 per share - beyond EA's initial $26 and current offer of $25.74 per share.
Such movements have prompted surprised market analysts to call for a revised offer from EA to settle the bid once and for all. With some claims that an extra "couple of bucks" could be enough for Zelnick and his team to move on, it seems that the fight to hold off until the release of GTA4 has afforded them a period of smugness at EA's expense.
Of course as a result of Take-Two's recently revised incentive stock plan, ZelnickMedia were issued with 1,500,000 newly reserved shares to guard against any hostile takeover attempts - roughly $42 million worth if they can get close to $28 per share from our calculations!
Speaking during the publisher's Annual General Meeting, Strauss confirmed that the board are willing to "consider all strategic alternatives", soliciting any interested parties to begin formal discussions on April 30th.
Could EA finally have its offer accepted the day after GTA4 hits the stores? All we can hope for after a month of corporate pot shots is a quick resolution and get back to enjoying the masterpiece.
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Game Information
Available On:
PC, 360, PS3
| Release Date: | Players: |
|---|---|
| Out Now | 1-16 |
| Publisher: | Genre: |
| Rockstar Games | Action |
| Developer: | PEGi Rating: |
| Rockstar North | 18 |
Awards won:
Reviews & Ratings
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Video Games Discussions
GTA IV: The Ballad of Gay Tony
i meant [#@!?] the ps2... but [#@!?] the ps3 with it!
By Anon (last comment 2 hours ago)
THIS IS THE BEST GAME EVER. I THINK THE WEPONS COULD BE BETTER. WORDS ARNT GREAT ENOUGH TO DESCRIBE ...
By Anon (last comment 3 hours ago)
jesus christ, i think this countrys government needs to wack themselves over the head!its not asif t...
By Anon (last comment 4 hours ago)
im concerned about the tricks u are able to do in the game. as in pes 09 its difficult with the left...
By Anon (last comment 9 hours ago)
why not do a gta irak or afganistan lol (it just wont be gta if its anywhere else) and im guessing e...
By Anon (last comment 13 hours ago)
lol its never going to happen left 4 dead 1 or 2 will never be on ps3 end of
By Anon (last comment 13 hours ago)
Blinx 2: Masters of Time & Space
blinx 3 is a sequel so we will be in 5-J-7-A
By Anon (last comment 1 day ago)
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Added:Fri 13th Nov 2009 23:46, Post No: 510
Ummmm... it is on a disc!!! Rockstar released both episodes on one disc called 'Episodes from Liberty City' !?!
Added:Fri 13th Nov 2009 22:41, Post No: 509
I don't CARE about downloadable content. Put it on disc or don't put it out at all.
Added:Wed 11th Nov 2009 21:51, Post No: 508
lol how many more disgruntled ps3 owners will bi.t.ch and maon there not getting the DLC lol maybe microsoft shold do the same again for the next GTA game lol just to pi.s.s o.ff the ps3 fanboys and there exclusive games.
oh and polyphony digital will be charging £50 plus for GT5 as its cost them over $61 billion in development costs so far if the games flops and doesnt sell more than hmmm 30 million copys then i guess its bye bye exclusivity and hello multiformat GT5
Added:Fri 30th Oct 2009 20:53, Post No: 507
[#@!?] microsoft
Added:Sat 24th Oct 2009 18:44, Post No: 506
haha microsft payed rock star 50 million for the dlc to be xbox 360 exclusive owned ps3 and pc owners
Added:Mon 19th Oct 2009 22:53, Post No: 505
[#@!?] That [#@!?]! [#@!?] [#@!?]! i gate microsoft! why cant it come to ps3! and before you guys say anything! i did have a xbox , i acutually had it 4 times , everytime broken! cause microsoft Sucks!!!!!!!
Added:Tue 13th Oct 2009 00:47, Post No: 504
first of all ps3 sucks.... PC is good and i feel your pain im sorry that they couldn't give this DLC to you...XBOX 360 KICKS A** SO GO GET ONE!
Added:Mon 12th Oct 2009 20:28, Post No: 503
hello iam cool mohamed iam new
Added:Sat 03rd Oct 2009 21:20, Post No: 502
lol am i only joined by a few people that actually read about the exclusive DLC ms paid for before the game came out, im sure pc and ps3 owners to ignorent to actually read about microsofts exclusive rights for DLC on the 360 and the amount of money they shelled out for it and yet ps3 and pc owners still dont get it,
here ill make it simple ms payed for exclusive DLC before the games release exclusivly on xbox 360 only if sony had come up with an offer better than ms im sure it would have been 360 and pc owners complaining about DLC but the fact is it was announced months before the games release and you only have your sefs to blame for buying it and expecting DLC that isnt comming out on the ps3/pc.
Added:Sat 03rd Oct 2009 19:39, Post No: 501
u guys are to poor to buy a freaken ps3 or xbox 360 to even play the game.......... all u want it for is so u could do mods on the PC u lazy *%@#s