In a few hours, the third deadline in Electronic Arts' takeover bid for Take-Two Interactive will pass. GamePolitics has a pretty good roundup of speculation stories regarding the deal; meanwhile, we've also heard from Forbes and go-to analyst guru Michael Pachter on the situation.
Take-Two reported that EA only controlled 8% of the company's stock following the last deadline. We expect a press release from EA bright and early tomorrow morning about its next move and a response from Take-Two a little thereafter.
Reader Comments (16)
Posted: Jun 16th 2008 10:42PM bAss ackwards said
"We swear this time! We're gonna take you over!"
Reply
Posted: Jun 16th 2008 10:28PM (Unverified) said
Take-Two has no reason to give in...their making $$$ as it is.
Reply
Posted: Jun 16th 2008 10:46PM Premature ejaculation man said
*ring ring*
"Hey Take 2, wanna meet up?"
"Sorry EA, I just don't have time right now"
"Its alright cousin, call me when you have free time"
Reply
"Hey Take 2, wanna meet up?"
"Sorry EA, I just don't have time right now"
"Its alright cousin, call me when you have free time"
Posted: Jun 16th 2008 11:09PM (Unverified) said
Back off EA. Nobody wants to play your little reindeer games.
Reply
Posted: Jun 16th 2008 11:17PM (Unverified) said
Why do they even want Take Two? Aren't they pretty much a bomb when they arent selligng GTA?
Reply
Posted: Jun 17th 2008 1:59AM BPMOmega XBL PSN Steam said
Posted: Jun 17th 2008 2:09AM gamedude360 said
wow only about 12% more stock to buy til EA is on the board of directors at taketwo. they just need 20% to be on the board
Reply
Posted: Jun 17th 2008 1:21PM (Unverified) said
can joystiq legally alter EA's logo like that since they make profit from advertising?
Reply
Posted: Jun 17th 2008 2:09PM (Unverified) said
Surely the shareholders know by now they can just wait it out to get another extension / better offer.
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