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EA Tables New Take Two Offer News
Jon Wilcox
18/04/2008
In spite of the results from Take Two Interactive shareholders meeting, Electronic Arts extends their deadline...
Electronic Arts has tabled a new offer to Take Two Interactive's shareholders, in light of T2's meeting late yesterday. The publisher has also announced that it's extending the deadline for Take Two shareholders to consider their position to May 16th.
Additionally, EA's offer has been reduced to $25.74, reflecting the issuing of shares to Zelnick Media, although the total proposal remains at $2 billion.
At the Annual General Meeting held last night, Take Two Interactive's shareholders backed Chairman, Strauss Zelnick, re-electing him and the rest of the company's board of directors - a strong signal to EA.
With the juggernaut of GTA IV now just eleven days out, it seems that EA has given up on its chance to acquire the publisher and benefit from the immediate spoils. Just don't expect it to be the end of the matter.
Anonymous
Date Added:Tue 2nd Sep 2008 15:59
Anonymous
Date Added:Wed 27th Aug 2008 12:46
firstmitsukai
Date Added:Wed 20th Aug 2008 20:58
gfh-77
Date Added:Mon 7th Jul 2008 16:14
yep the promotional codes for points and gamer pics no longer works, the codes have now expired even though there's no expiration date. nice one microsoft... [ Read full comment... ]
Anonymous
Date Added:Fri 20th Jun 2008 15:55
randomuser
Date Added:Wed 18th Jun 2008 00:05
Anonymous
Date Added:Tue 17th Jun 2008 01:47
gfh-77
Date Added:Sat 7th Jun 2008 08:10
gfh-77
Date Added:Sat 7th Jun 2008 08:06
Date Added:Tue 20th May 2008 11:56
where the love is the xbox 360 patch aint no update for us just love in Sony n its love in ps3 love dat n sort out 360 as well wiv it goin down in price it will b like all past consoles a flopp its getti... [ Read full comment... ]
Anonymous
Date Added:Fri 6th Jun 2008 20:16