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Posts tagged Buyout

Report: Bizarre Creations staff morale boosted by buyer talks

Develop reports that anonymous staffers at recently put-on-the-market development studio Bizarre Creations have claimed that morale around the offices has received a boost following a company meeting earlier today. According to Develop's sources, that meeting brought word that a number of ...

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Pachter: First Activision-Bungie game 'well along' in development, will sell at least 10 million units

Though firm details about the terms of the Activision-Bungie partnership are still awfully slim, industry analyst extraordinaire Michael Pachter has given his two cents to Gamasutra about the financial potential of the merger, which should result in Activision earning a great deal more than two ...

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Rumor: GameStop being eyed for purchase by private equity group

GameStop might be worth roughly $3.27 billion, but if reports are correct, a group of folks at a private equity firm may be considering an offer of $4.94 billion (a 33 percent raise over the current, rumor-inflated stock prices) to acquire the publicly held game retailer. The Street is reporting ...

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EA acquires social network game dev Playfish for $300 million

As a number of "industry sources" reported last month, Electronic Arts has elected to add a new studio to its already expansive roster: Playfish, a prolific developer of free-to-play casual games on social networking sites like Facebook. The studio was bought out for about $275 million with an ...

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THQ takeover talk causes stock bump

THQ's stock jumped up a solid 13 percent yesterday over whispers that the publisher is in a takeover company's line of sight. Optimism has recently surrounded the once fumbling publisher, as it pulled off a couple retail successes and has put on a good show with some surprisingly frank talk about ...

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Gamecock acquisition goes south - vendors accuse SouthPeak of not paying up

Created by industry entrepreneurs Mike Wilson, Rick Stults and Harry Miller, the Gamecock Media Group set out to buck-buck-buck the trend -- a perceived sequence of retreads, rehashes and remakes that characterized a rapidly expanding games industry. The games were undoubtedly indie, the choices ...

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Rumor: Warner Bros. wants Codemasters

It appears that Codemasters could become a paid-for adopted sibling in the Warner Bros. Interactive family, if a VG247 article is to be believed. Meanwhile, a follow-up report by GI.biz indicates that a Codemasters rep declined to comment, saying, "Everything is fine here." Indeed! In some ways, ...

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Square Enix and Eidos dropping Warner Bros. publishing

Although the ink has dried on Square Enix's buyout of Eidos last month, there still remains a few issues to iron out before the handover is complete. One of these issues is the publishing rights of currently scheduled titles. Batman: Arkham Asylum and Mini Ninjas were originally under Warner Bros. ...

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Warner Bros. bids on Midway for some reason

When we read about Midway's recent troubles, we're glad we don't own any piece of the company. However, Warner Bros. executives see the same stories and think "we need that." Midway announced today that a "stalking horse" asset purchase agreement with Warner Bros. has commenced, with Warner bidding ...

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Rumor: Warner Bros. hooked on Midway bait

Just a week after casting itself into uncertain waters, Midway has reportedly gotten a bite -- er, been bitten by Warner Bros. Interactive. Now comes the hard part: reeling in the deal. After losing Eidos to Square Enix, Warner's got a grumbling in its tummy for cheap chow, and for a proposed $30 ...

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