Joystiq (Free subscription) | 07/21/2008
Filed under: Business With another deadline in EA's takeover bid come and gone , the industry's #2 publisher isn't quitting and has reaffirmed it still wants to gobble up Take-Two by extending its $25.74 per share offer deadline to Aug 18 . EA currently has only 15% of Take-Two's stock, which translates to 11,741,339 shares. Obviously, EA needs over half the shares to complete the takeover. Take-Two...
VentureBeat (Free subscription) | 07/21/2008
Strauss Zelnick is chairman of Take-Two Interactive, the hottest video game company on the planet thanks to its popular Grand Theft Auto IV, which sold more than 6 million copies in the first week alone. He is CEO of entertainment investment company ZelnickMedia and was previously CEO of music and entertainment company BMG Entertainment (now [...]
Money Out Blog (Free subscription) | 07/21/2008
For the fifth time in four months, Electronic Arts Inc. [ERTS] has extended its $25.74 per share tender offer for Take-Two Interactive Software Inc. [TTWO]. A spokesman for the video game maker stresses that...
Seeking Alpha (Free subscription) | 07/22/2008
Tech Confidential submits: For the fifth time in four months, Electronic Arts Inc. (ERTS) has extended its $25.74 per share tender offer for Take-Two Interactive Software Inc. (TTWO). A spokesman for the video game maker stresses that the latest move is not an expression of renewed interest but just a necessary step to allow the review process to continue. Take-Two, meanwhile, says it is continuing...
