Tag Archives: john riccitiello

Electronic Arts has revealed that its Godfather 2 release will be delayed until its fiscal year 2010. The firm’s CEO John Riccitiello said the move would give the company more time for longer lead marketing”. The game was initially due to release next month in the UK. EA also announced …

EA will allow its latest offer for Take Two to expire tonight after Electronic Arts accepted Take Two’s offer of a management presentation to its suitor containing non-public information. An exchange of letters between EA CEO John Riccitiello and executive chairman of the board of directors of Take Two Strauss …

EA CEO John Riccitiello has admitted that he doesn’t like some of Activision Blizzard’s business practices – and stated that, when it comes to the right business model, his company has the winning formula”. Speaking to MTV, Riccitiello also stated that the battle between the platform holders – including Apple …

Electronic Arts CEO John Riccitiello has admitted that the company put too much focus on PS3 and 360 at the beginning of the current console cycle – and largely ignored the potential of Wii. However, Speaking to the San Jose Mercury News, Riccitiello said that his company had since become …

EA CEO John Riccitiello has slammed the format of this year’s E3, stating that he hated” last week’s show. "I hate E3 like this," said Riccitiello, speaking to the San Francisco Chronicle. "Either we need to go back to the old E3, or we’ll have to have our own private …

Take Two’s battle to wriggle out of being acquired by EA has been a costly process, according to its Q2 fiscal announcement . The official documents state that Take Two’s spendings amounted to $5.3 million in the six months to May 31st – a sum that went to "professional fees …

CEO of Electronic Arts John Riccitiello purchased almost $1 million of the company’s stock on Tuesday – a day after the firm announced it had extended its bid for Take Two. In total, Riccitiello bought $967,000 in stock, or 20,000 shares, at a per-share average of $48.37. The transaction marks …

Take Two’s Board has once again taken the opportunity to tell the world that EA’s $25.74-per-share tender offer ‘undervalues’ the company – and revealed that it is already talking to other interested parties. EA announced this afternoon that it had extended the deadline for acceptance of its bid until Monday, …

As predicted this morning , Electronic Arts has extended the deadline of its tender offer for Take Two. The last deadline expired at 11.59pm (Eastern Time) on Friday without any response from EA or Take Two’s shareholders. The new deadline gives Take Two’s investors until 11.59pm (Eastern Time) on Monday, …

Electronic Arts is expected to extend again the deadline for its hostile tender offer to acquire Take-Two, the Wall Street Journal is reporting this morning. The deadline for EA’s last bid for the Rockstar parent passed by without any announcement on Friday, but the WSJ believes the Redwood company may …