Take-Two: Just Say No (To EA)
Oh it's such a soap opera. Early this morning Electronic Arts decided to bypass Take-Two and go straight to shareholders, offering to buy up stock from them directly at $26 a pop.
Oh it's such a soap opera. Early this morning Electronic Arts decided to bypass Take-Two and go straight to shareholders, offering to buy up stock from them directly at $26 a pop.
There can be only one. Budget peripheral/accessory makers Mad Catz and Joytech, once bitter rivals, are now brothers, courtesy of Take-Two's financial woes. Mad Catz have bought Joytech from former owners Take-Two lock, stock and barrel, taking...
Beleaguered publisher Take-Two haven't had the best few years. Indeed, things have got so bad for the company in these post-Hot Coffee days that the past year or so have seen a metric fuckton of rumours pop up suggesting the company will be...
Bono and his wealthy buddies in the Elevation Partners private equity firm are going shopping again. No, they're not at Saks trying on new Edun clothes, they're trying on troubled video game publishers in the form of Take-Two. This little venture...
Why, Take-Two, you hussy! Here EA were, thinking they were the only ones vying for your affections, when from out of nowhere, you reveal that EA aren't the only ones. There are others. Scandalous! Take-Two aren't revealing just who these others...
That rumour yesterday about media giants Viacom swooping for troubled publishing house Take-Two? Most likely bogus. Both Reuters and Variety are pouring cold water on the suggestion, with Variety's Ben Fritz reiterating something we heard a lot...
A U.S. District Court is asking Take-Two why they are refusing to comply with a subpoena and civil investigation demand from the Federal Trade Commission, the company reported today.
On Monday, shortly after Take-Two announced they were considering several options, including the sale of the company, in light of a bid by shareholders to oust execs and the board, an obvious rumor took flight: Microsoft was interested in doing...
So Electronic Arts buying Take-Two Interactive is no longer a going concern, and as our interest in the story wanes, so do stock prices for the two companies. Both stocks are taking hits on the North American stock exchange this morning. EA...
Speaking with the Wall Street Journal, EA boss John Riccitiello has said that EA's attempts to buy Grand Theft Auto owners Take-Two weren't driven by greed. They were driven by charity, Riccitiello saying the buyout talks were intended "to help...