Entries in 'take-two' (213)

EA extends offer for Take Two

EA extends offer for Take Two

Electronic Arts has amended its hostile tender offer for Take Two, and stated that in attempting to delay the deal Take Two could be increasing risk for its shareholders.

by Neil Long
on Mar 28th 2008 at 12:29PM in News
Pachter: Take Two has made a mistake

Pachter: Take Two has made a mistake

Following Take Two’s stern rejection of EA’s $26 per share offer for the firm earlier today, Wedbush Morgan’s Michael Pachter has stated that he believes the publisher’s board has ...
Ben Parfitt
by Ben Parfitt
on Mar 26th 2008 at 1:45PM in News
EA expected to up Take Two bid

EA expected to up Take Two bid

Shortly before Take Two clarified its stance concerning EA’s proposed takeover, Goldman Sachs analyst Mark Wienkes stated that he believes EA will up its $26 per share offer for its ...
Ben Parfitt
by Ben Parfitt
on Mar 26th 2008 at 11:54AM in News
Take Two to consider ‘strategic business combination’

Take Two to consider ‘strategic business combination’

In a new official response to the recent approach for the firm by rival EA, Take Two has said that it is prepared to consider entering into discussions with third ...
Ben Parfitt
by Ben Parfitt
on Mar 26th 2008 at 11:26AM in News

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EA to publish GTA IV?

EA to publish GTA IV?

The industry’s most respected financial analysts have been discussing EA’s ‘hostile’ tender offer for Take Two – with some saying that it could happen quickly enough for Grand Theft Auto ...
by Tim Ingham
on Mar 20th 2008 at 3:00PM in News
EA's Take Two bid ‘the most hostile in history’

EA's Take Two bid ‘the most hostile in history’

Leading financial observers are agreed: the video games industry has never seen an M&A move anywhere near as aggressive as Electronic Arts’ hostile bid for Take Two.

Ben Parfitt
by Ben Parfitt
on Mar 20th 2008 at 9:18AM in News
EA is Rockstar’s ‘white knight’, says Riccitiello

EA is Rockstar’s ‘white knight’, says Riccitiello

EA chief executive John Riccitiello has said that his employer can be Rockstar’s ‘white knight’ – suggesting that only a successful acquisition of Take Two can give the developer a ...
by Tim Ingham
on Mar 19th 2008 at 10:08AM in News
New Take Two shareholders to push up EA offer?

New Take Two shareholders to push up EA offer?

EA’s ‘hostile’ bid for Take Two may hit a snag when it comes to approaching individual shareholders – because many are experienced short-term investors that believe they can push the ...
by Tim Ingham
on Mar 17th 2008 at 1:57PM in News

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Rockstar promises to market Manhunt 2 'responsibly'

Rockstar promises to market Manhunt 2 'responsibly'

Following the news that Manhunt 2 will receive a UK release, Rockstar has promised to market the game responsibly, reports the BBC.

Christopher Dring
by Christopher Dring
on Mar 14th 2008 at 12:50PM in News
‘Take Two shares will plummet without us,’ warns Riccitiello

‘Take Two shares will plummet without us,’ warns Riccitiello

CEO of Electronic Arts John Riccitiello has cautioned Take Two’s Board against trying to dissuade its stakeholders from accepting EA’s ‘hostile’ offer for the firm – warning that the move ...
by Tim Ingham
on Mar 14th 2008 at 9:52AM in News
Riccitiello: ‘Take Two bid is all about Rockstar’

Riccitiello: ‘Take Two bid is all about Rockstar’

Electronic Arts CEO John Riccitiello has said that Rockstar is the publisher’s “primary interest” in its bid to acquire Take Two.

by Tim Ingham
on Mar 14th 2008 at 9:50AM in News
Take Two tells shareholders to ignore EA bid

Take Two tells shareholders to ignore EA bid

Take Two’s Board of directors has recommended that its stockholders ‘take no action at this time’ in response to EA’s new $2 billion tender offer.

by Tim Ingham
on Mar 13th 2008 at 3:25PM in News

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EA launches new $2bn cash bid for Take Two’s stock

EA launches new $2bn cash bid for Take Two’s stock

Electronic Arts is targeting Take Two’s shareholders with a tender offer to acquire outstanding stock for $26 each – the price it offered the company in its buyout bid last ...
by Tim Ingham
on Mar 13th 2008 at 9:48AM in News
GTAIV masking ’recurring problems’ at Take Two

GTAIV masking ’recurring problems’ at Take Two

In the wake of last night’s financial report from Rockstar-owning Take Two, Wedbush Morgan analyst Michael Pachter has stated that the upcoming financial uplift that will accompany the release of ...
Ben Parfitt
by Ben Parfitt
on Mar 12th 2008 at 1:44PM in News
GTAIV expected to sell 9m units

GTAIV expected to sell 9m units

Following Take Two’s financial results last night, leading games analyst Michael Pachter has said he is unimpressed with the results, though he does expect GTAIV to be an overwhelming ...
Ben Parfitt
by Ben Parfitt
on Mar 12th 2008 at 1:39PM in News
GTAIV episodic content to be ongoing

GTAIV episodic content to be ongoing

In last night’s financial report, Rockstar owning Take Two stated that downloadable episodic content is an area that it intends to invest heavily in, with regular updates for its ...
Ben Parfitt
by Ben Parfitt
on Mar 12th 2008 at 10:00AM in News

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Take Two’s Q1 earnings call in full

Take Two’s Q1 earnings call in full

The full transcript of Take Two’s earnings call – which came in the wake of the firm’s fiscal posting last night – is available now.

by Tim Ingham
on Mar 12th 2008 at 9:29AM in News
Revenues down and losses grow for Take Two

Revenues down and losses grow for Take Two

Take Two has announced its financial results for its first quarter ended January 31st, with revenues down year on year from $277.3m to $240.4m - although the firm said that ...
Michael French
by Michael French
on Mar 11th 2008 at 8:35PM in News
Major shareholders reduce Take Two stake

Major shareholders reduce Take Two stake

As the ‘will they won’t they’ saga surrounding EA’s proposed takeover of Rockstar-owning Take Two continues, two major Take Two shareholders have cut their stake in the publisher, Reuters ...
Ben Parfitt
by Ben Parfitt
on Mar 11th 2008 at 10:39AM in News
Take Two protects employees from EA takeover

Take Two protects employees from EA takeover

Take Two announced a generous severance package for its employees as a result of EA's $2 billion bid for the company.

by Tim Ingham
on Mar 10th 2008 at 10:06AM in News
Take Two’s future is independent, insists Zelnick

Take Two’s future is independent, insists Zelnick

Take Two executive chairman Strauss Zelnick has claimed that his business model will see the publisher remain independent – unless his shareholders tell him otherwise.

by Tim Ingham
on Mar 5th 2008 at 10:11AM in News
EA CFO eyes up Take Two’s ‘diamonds’

EA CFO eyes up Take Two’s ‘diamonds’

Electronic Arts CFO Warren Jenson has said that EA is keen to add key Take Two creative personnel – whom he terms “diamonds” – into the publisher’s global distribution system.

by Tim Ingham
on Mar 4th 2008 at 3:20PM in News
ONLINE SPECIAL: EA and Take Two

ONLINE SPECIAL: EA and Take Two

Industry analysts have told MCV that Take Two should accept a takeover bid from EA in the next few months – or it risks missing out on its only real ...
Ben Parfitt
by Ben Parfitt
on Mar 3rd 2008 at 1:56PM in News
We didn’t fancy Take Two, says Kotick

We didn’t fancy Take Two, says Kotick

Activision’s chief executive Bobby Kotick has spoken out on EA’s audacious bid for Take Two for the first time – stating that he wasn’t tempted to acquire the Grand Theft ...
by Tim Ingham
on Feb 28th 2008 at 10:50AM in News
Zelnick: Consolidation is inevitable

Zelnick: Consolidation is inevitable

Take Two executive chairman Strauss Zelnick has stated the the success of the industry will see further publisher consolodation this year.

by Tim Ingham
on Feb 27th 2008 at 10:59AM in News