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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.
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Comments
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
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