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Tag Archives: merger

Slowing GTA IV sales could boost EA bid

Despite lifetime sales of nearly 8.5 million copies worldwide, the recently announced August NPD figures have raised fears that sales of Take 2’s Grand Theft Auto IV have slowed unexpectedly – raising concerns that it might affect EA’s ongoing bid to acquire the publisher. CNN reports that Take 2 has …

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Tecmo reveals Koei merger plans

Having literally just announced that it has rejected the acquistion offer from Final Fantasy developer and publisher Square Enix , Japanese firm Tecmo had made the surprise announcement that it is planning to merge with Koei. Kotaku reports that talks are already underway following the creation of an ‘integrated management …

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Square Enix plans Tecmo acquisition

Final Fantasy and Dragon Quest publisher Square Enix has revealed that it intends to launch a takeover bid for fellow Japanese outfit Tecmo. IGN reports that Square Enix is prepared to pay a 30 per cent premium on current Tecmo stock. If the deal is completed, Tecmo will assume a …

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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 publishing rival. He also upped his recommendation of EA’s shares, stating that he believes they will soon be on the …

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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 parties about a possible business combination” – but not until after Grand Theft Auto IV is released next month . …

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Report: Activision-Vivendi deal was close to collapse

New information about last year’s purchase of Activision by French games publisher Vivendi have revealed that the deal faced near collapse on at least two occasions, The Wall Street Journal reports. Apparently the first roots of the buyout appeared in late 2006, and by April last year an offer was …

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ACTIVISION BLIZZARD: Retail reacts

There has been mixed reaction to the deal by UK retail, with some stores relishing the prospect of a publishing entity with the firepower to take on EA, while others are wary of what further consolidation means for the business. Many from the front line of the industry are anticipating …

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