Listen, we don't care how this ends anymore. We don't care if EA buys Take-Two and forces them to manufacture toilet paper before shooting them into space. We worried about the potential harm to the industry like a hundred years ago, but now, we just want it to be over, so we never, ever have to write about it ever again. We got into this business to talk about potato chips that sort of look like Dr. Robotnik's head, stuff like that. This financial news makes our brains hurt.
Keeping that in mind, here's how we understand the latest missive from EA, with some help from the Silicon Alley Insider. The company says that it's actually going to let its most recent offer to purchase company shares at $25.74 a piece expire tonight at midnight, largely because it couldn't integrate Take-Two before the holiday season. But, Take-Two is offering to come and give EA a presentation that shows just how valuable it really is, if only EA can keep its trap shut about it.
So, that's the skinny. It sounds like it's sort of over and it's sort of not. Now, if someone could please fetch a napkin to catch the blood and brain goo seeping from our ear canal, we'd be forever in their debt.
Reader Comments (18)
Posted: Aug 18th 2008 9:59AM (Unverified) said
Another corporate giant gobbling up everything in sight, I just can't wait until EA explodes and pieces of game companies are let loose like the bunnies out of Dr. Robotnik's machines to defeat sonic. Mario > Sonic anyways.
Posted: Aug 18th 2008 10:00AM (Unverified) said
intertersing but i don't care
if anyone know where this is from. you win the internet
if anyone know where this is from. you win the internet
Posted: Aug 18th 2008 10:10AM Duke said
I feel like we have been here before...
Posted: Aug 18th 2008 10:13AM phsr said
EA will just extend it yet another month
Posted: Aug 18th 2008 10:21AM Wubby said
Screw you EA! Where's my Wing Commander not to mention a whole slew of other great game series you've farked over.
Posted: Aug 18th 2008 11:50AM borland502 said
I was with you on the Wing Commander reboot for a long time. But now I think that's one series best lost to the mists of time. Not because it sucks, but because no product created will live up to my fond memories. Wing Commander: Prophecy is proof enough to me that a another new game would just drive a stake into the heart of my nostalgia.
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Posted: Aug 18th 2008 10:28AM (Unverified) said
Here I go again on my own!!!
Posted: Aug 18th 2008 10:31AM R V said
If they leave it as is, that probably means they'll operate the same way they do with ubi- owning some shares, but not having definitive decision making in the company.
Posted: Aug 18th 2008 10:47AM (Unverified) said
Maybe the worst bluff I ever saw.
Posted: Aug 18th 2008 11:01AM KaneRobot said
When Take Two gets blasted into space, you'll regret posting that.
Posted: Aug 18th 2008 11:29AM ScottG13 said
I suggest EA slowly buy a few shares each day and by 2012, they'll have majority interest.
Posted: Aug 18th 2008 11:42AM (Unverified) said
or maybe stop trying to buy it with money , and hire a bunch of models or whatever . Don't buy them "persuade them"
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Posted: Aug 18th 2008 5:24PM (Unverified) said
You know, its inevitable that EA is going to consume Take Two...but I guess we can only hope at this point that they have to pay out the ass for the T2 shares, its only fair considering what a mega corporation EA has become.
Granted, they've been actually making some pretty decent games lately, so my hatred of them from the past has mostly subsided...
Granted, they've been actually making some pretty decent games lately, so my hatred of them from the past has mostly subsided...
Posted: Aug 18th 2008 5:25PM (Unverified) said
Er...not making, publishing. They've at least not totally ruined videogames with their control...
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Posted: Aug 18th 2008 11:59AM mikec89 said
This is still going on?
Posted: Aug 18th 2008 3:16PM Gwr said
EA is evil.
Posted: Aug 19th 2008 2:25AM The Blank Mage Returns said
Dude, I had this one potato chip, man, it was like, EXACTLY like Dr. Robotnik. (I also found one that looked like Eggman, but no one cared.)
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