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[Joystiq]Take 2 Spends $11 Million To Get Rid of EA

post #1 of 25
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Quote:
Security and Exchange Commission filings by Take-Two reveal the publisher spent $11.1 million to keep Electronic Arts at bay during its seven-month-long takeover attempt. Gamespot reports that Take-Two incurred the costs during the "strategic review process" of the EA offer.

For better or worse for investors, Take-Two won its battle against EA and remains independent. Although, investors can't be too happy to see the stock they could have gotten $25.74 for during the EA offer currently trading around $8 per share*.

*In fairness, game stocks in general are down. Apparently something to do with an economic crisis.
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Nemesis NE-α
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post #2 of 25
geeze...
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post #3 of 25
And I'm glad they did it.

Good job Take 2.
post #4 of 25
Good. Less games for EA to ruin.
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post #5 of 25
Quote:
Originally Posted by Microsis View Post
Good. Less games for EA to ruin.
Haha that is so true.
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post #6 of 25
Oh God, if EA got their hands on GTA.
post #7 of 25
Atleast Take Two is doing something right...
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post #8 of 25
One more company not making all their games go through a dumb-down process.

I have a question men, how did EA get so big to begin with?
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post #9 of 25
I like the fact they fought to stay independent *in comparison*. I admire that a lot. Especially since that is a heck of a lot of money.
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post #10 of 25
Quote:
Originally Posted by Licht View Post
One more company not making all their games go through a dumb-down process.

I have a question men, how did EA get so big to begin with?
Battlefield












And the BF series was garbage and overated to begin with!
    
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Overclock.net › Forums › Industry News › Video Game News › [Joystiq]Take 2 Spends $11 Million To Get Rid of EA