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Posts tagged buyout

Report: HMV to be saved as restructurer Hilco acquires debt

Business restructuring company Hilco is set to acquire HMV after reportedly taking control of the struggling British retailer's debt . According to the Financial Times, people familiar with the situation report Hilco took on the debt today, estimated three months ago to be around $279 million. If...

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Disney acquires Lucasfilm for $4.05 billion, LucasArts included

Disney has just announced its purchase of Lucasfilm Limited, the umbrella corporation responsible for all things Star Wars, Indiana Jones and pretty much anything else George Lucas has ever had his hand in. The purchase will set ol' Walt back $4.05 billion. Industrial Light & Magic, Skywalker...

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Lauder's purchase of OnLive totaled just $4.8 million

When venture capitalist group Lauder Partners, LLC purchased and reformed OnLive back in August, it did so for $4.8 million, according to a letter to OnLive's creditors obtained by Polygon and the San Jose Mercury News. The company's blue-light special asking price was due in part to its $18.7...

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NYT: EA tried to buy Valve

EA has tried "over the years" to buy out Valve, the New York Times reports. These talks, had they ever reached negotiation, would have valued Valve at "well over $1 billion," NYT says, which is most likely a ridiculous understatement. Valve is a private company controlled by founder Gabe Newell,...

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Nexon bids for EA takeover, everyone says it's very unlikely

You know Nexon, right? The South Korean MMO company that made Maple Story and ... uh ... Everplanet ... and stuff? Anyway, Nexon is a pretty big deal on the other side of the Pacific Ocean. Such a big deal, in fact, that it's looking at buying out some of its rivals, apparently including EA. MK...

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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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