Tender offer tweaked to $25.74 per share; New offer to expire on May 16th
EA’s relentless pursuit of Take Two has taken another twist as it has tabled a fresh approach and allowed its acquisition target more time to consider its offer.
The offer price is now $25.74 per share compared to the $26 per share deal originally conceived, amended to take into consideration additional shares to be issued to Zelnick Media following stockholder approval of the amendment to Take-Two's incentive stock plan, revealed at its 2008 annual stockholders meeting on April 17.
The offer remains at around $2 billion in cash, and EA's aggregate consideration for Take-Two shares remains unchanged.
EA added that it believes the offer price is “full and fair”, and that the proposed deal “is the most compelling combination financially, strategically and operationally for all parties.”
Advertisement
Comments
Re: OMG!!!
Hey EA Take - Two get a room.... yawn!
Online Pharmacy best pills dfg
http://confluence.public.thoughtworks.org/display/~buy-xanax-no-rx - xanax http://confluence.public.thoughtworks.org/display/~buy-tramadol-no-rx - tramadol http://confluence.public.thoughtworks.org/display/~buy-valium-online - valium http://cgi3.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=buy-ambien-online-without-prescription-buy-ambien-10mg-5mg - ambien http://cgi3.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=buy-xanax-online-buy-xanax-2mg-1mg - xanax http://cgi3.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=buy-fioricet-online-without-prescription-buy-fioricet-cod - fioricet http://connections.blackboard.com/people/50273d6fc2 - tamiflu http://tapestry.formos.com/wiki/display/~buy-tamiflu-winthout-prescription - tamiflu http://boinc.vanderbilt.edu/CSB/view_profile.php?userid=5324 - ambien http://confluence.public.thoughtworks.org/display/~ativan4r5r - ativan http://confluence.public.thoughtworks.org/display/~buy-ambien-without-prescription - ambien
imaginations glycoside slow medieval mellitus mantle blogroll
Leave a Comment
HOT TOPICS
Xbox owners ‘defecting’ to PS3 31
HMV calms Modern Warfare concerns 27
Modern Warfare 2 already pirated? 26
Activision praises retail and promises fair play on MW2 23
First MW2 pre-orders arrive 17
Tesco sells Xbox 360 games for £3.97 11
EA: PES is struggling 9
LittleBigPlanet sequel looks unlikely 7
Activision: 'Guitar Hero as respected as Harley Davidson' 7
Nintendo talks Wii HD 6
RELATED STORIES
EA offers to buy Take Two for $2bn 7
Riccitiello to Zelnick - that letter in full 6
EA launches Take 2 acquisition website 2
Take Two value leaps 47% 1
OPINION: Why EA’s purchase of Take Two is inevitable 7
ONLINE SPECIAL: EA and Take Two 2
Take Two protects employees from EA takeover
EA launches new $2bn cash bid for Take Two’s stock 7
Riccitiello: ‘Take Two bid is all about Rockstar’ 5
‘Take Two shares will plummet without us,’ warns Riccitiello 12
ABOUT US
MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets