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Take Two’s share price has plummeted on the news that EA is no longer interested in buying the Rockstar parent. The firm’s stock price has nosedived by 26.86 per cent to $16.02 on the NASDAQ today in the wake of the news. EA announced on Sunday that it had terminated …
Read More »EA halts Take-Two takeover
The will they/won’t they dance is over – Electronic Arts has decided to end its $2bn bid to acquire Take Two. EA CEO John Riccitiello’s decision to move away from the chance to combine businesses with the Rockstar Games parent comes after "careful consideration, including a management presentation and review …
Read More »EA terminates Take-Two takeover attempt
Riccitiello's acquisition attempt aborted, but Take-Two is still considering "strategic alternatives" with other parties
Read More »BioShock 2 coming fiscal 2009
Take Two has confirmed that the highly anticipated BioShock 2 will arrive during the firm’s 2009 fiscal year, which begins November 1st. There is currently no confirmation as to which platforms the game will appear on, with the PS3 version of the original BioShock due out next month. Take Two …
Read More »Take Two reports record Q3
Publisher Take Two has beaten its expected results for the financial period ending July 31st. The firm has reported $433.8 million (245 million) in net revenue for Q3, a huge leap when compared to the $206.4 million (117 million) reported the year before. The figure also beats the company’s own …
Read More »Take Two looking at GTA on Wii?
Speaking after Take Two revealed its third quarter financials , Take Two CEO Ben Feder would not rule out an iteration of its mega-franchise GTA coming to Wii – stating that the publisher intends to ‘grow its relationship’ with Nintendo. In the full transcript of the earnings call on Seeking …
Read More »EA, Take Two merger would ‘spell trouble’ for its development staff
Further consolidation ruins the 'ability to offer innovation and compelling titles' says impassioned report
Read More »Take Two and EA begin secret talks
Take Two and EA have both signed a confidentiality agreement that will see any possible takeover remain a secret affair until the deed is done. EA has extended its bid for the Rockstar parent five times since February – but there will be no more public announcements in future. The …
Read More »GTA IV DLC still on for autumn
GTA IV fans, breathe easy: Microsoft has confirmed that its exclusive downloadable content for the all-conquering Rockstar title is still on track for an autumn release. In a statement to preview its Leipzig Game Convention line up, the platform holder said: In autumn there will be news from Liberty City; …
Read More »Take Two responds to EA inaction
Take Two has responded to EA’s decision to let the deadline for its acqusition bid pass. The Rockstar parent has stated that it is ‘looking forward’ to convincing the megapublisher it is worth more than the $26-per-share bid. If tonight’s deadline passes without a deal, EA will enter into Take-Two’s …
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