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[Chron] EA extends deadline for Take-Twos offer

post #1 of 14
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Quote:
Electronic Arts is not backing down from its $2 billion hostile bid for the publisher of "Grand Theft Auto" even as Take-Two Interactive does what it can to buy more time. Electronic Arts, the world's biggest video game publisher, extended its tender offer for Take-Two Interactive Software Inc. Friday by a week to April 18. On Wednesday, its smaller rival delayed its annual shareholder meeting by a week to April 17.
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I.XXII.I
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post #2 of 14
The sad thing is that it is the fault of one of the share holders. He whined that Take Two dismissed the original bid (which EA had left at that), and so now EA is trying the back door.

As long as Take Two is able to continue to run their business as usual under EA I suppose I don't see a problem with this.
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post #3 of 14
Take Two needs to tell EA to back the hell off before they get in trouble. EA knows that they can't compete with GTA sales, so they want to buy GTA to get in on those sales...that's all they want from Take Two.
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post #4 of 14
the real fact of the matter is that ea is stifling creativity. every single sucessful ea realease if followed by endless variations on the same theme; and very little new or original development. eas sucess is killing off the market; that is why it eats up other companys because they do and suceed because they aren't ea- so ea swallows them up and we all lose that competitive creative edge that worked.

games were much more fun 10 and 20 years ago; now you pay $50 for boring garbage that is just like the other boring garbage you tried a few weeks earlier.

ea used to be great back in the day; but now ea sucks
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post #5 of 14
EA gee tee eff oh. Stay away from take 2. You've ruined enough companies. I just hope that Take 2's share holders and head honchos stay strong and deny EAs' offer.
post #6 of 14
meh, if it happens it happens i guess. business as usual

but why do i get the impression that if they're extending the deadline, they don't expect to get majority shares holding within the existing timeframe.
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post #7 of 14
It's only a matter of time before EA takes over Take Two.

All we'll be left with is EA and Actiblizzard.
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post #8 of 14
Why cant they just let the company be bought then open a new studio. Thats what I would do.
post #9 of 14
EA does not even support widescreen in their games. I mean *** is that crap?
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post #10 of 14
Quote:
Originally Posted by TestECull View Post
Take Two needs to tell EA to back the hell off before they get in trouble. EA knows that they can't compete with GTA sales, so they want to buy GTA to get in on those sales...that's all they want from Take Two.
Take Two has no say in this, it's up to the shareholders (who usually just want money).
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