Respected Sites

Take Two Still Not Buying Into EA's Acquisition Offer >
2008/04/19 13:50:25: Posted by DM
Following the new offer made by EA for the Take Two buyout (this was in response to the T2 stockholder meeting held yesterday), T2 Boss Strauss Zelnick has, once again, come out against EA's actions.

"The minuscule number of shares tendered, as well as the strong vote in favour of the proposals presented at our annual meeting, offer indisputable evidence that our stockholders regard our efforts to enhance Take-Two's stockholder value as superior to the EA offer," said the Take-Two chairman in a statement.

EA is certainly putting all their effort into grabbing Take Two, so much so that they have gained the scrutiny of the Federal Trade Commission. If EA continues to offer what the T2 board considers an undervalued buyout offer, then the deal will certainly not go through. Then again, this is EA, they always seem to have something up their sleeves. Stay tuned, of course.

Labeled With  ea take 2

Comments [5]  | Rate this article:  | Be the first to rate this article

Delicious Technorati Digg Blinklist Furl Reddit Newsfine Fark Simpy Spurl Yahoomyweb

Related News:
 EA To Distribute Capcom Titles In Asia
 EA & Dice Talks About Battlefield BC Patch, Conquest Mode
 Super Smash Bros Beats Out BF Bad Company In UK Debut Week
 Spore Creature Creator #1 On Top 10 PC Sales Chart
 Rock Band 2 Interview & First Details
 Over 1 Million Creatures Spawned With Spore Creature Creator


Written by whYte420 on 2008/04/19

Thank god, we don't need GTA 5 by September.
Written by zwandaba on 2008/04/19

Let to go EA.

If EA gets the GTA brand they will f*** it up big time.

Yearly releases of GTA games that are incomplete and full of bugs. All just to ride that gravy train.
Written by Nemesis IX on 2008/04/20

They only want it for the sales spike of GTA 4, if take two don't sell before the GTA is out EA will cancel any further bids.
Written by blacktiger on 2008/04/20

not really, EA always have big budget it just they always have schedule...
Written by kidkit on 2008/04/20

I'm more concerned about losing competition for sports games than EA breaking GTA
You need to REGISTER in order to post a comment.

Recent Articles


GamersReporting Weekly - April 11, 2008


GamersReporting Weekly - March 30, 2008


GamersReporting Weekly - March 12, 2008


GamersReporting Weekly - March 5, 2008


GamersReporting Weekly - February 27, 2008


Top 10 Gaming Gadgets & Accessories Of 2007


GamersReporting 12/27


GamersReporting 12/19


Eight Jobs Ken Kutaragi May Enjoy In Retirement


Can Microtransactions Ruin Console Gaming?

07/03 (5 Total)

07/03 (0 Total)

07/03 (21 Total)

06/30 (14 Total)

06/30 (4 Total)

06/30 (1 Total)

06/29 (6 Total)

06/28 (28 Total)

06/28 (92 Total)

06/27 (2 Total)
© 2017 GamersReports.com. All Rights Reserved. Privacy Policy