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Tag Archives: takeover

GAME shares fall as time runs out on lender talks

With any potential deal to save GAME needing to be in place by this weekend, the retailer’s share price has taken a big hit on the markets this morning. Having closed on Friday at 3.072p, GAME’s share price opened at just 2.5p this morning before falling to 1.6p after just …

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Rumour: Rovio shunned $2.25bn Zynga takeover

A new report from The New York Times claims that Angry Birds creators Rovio rebuffed an astonishing $2.25bn takeover offer from Zynga in the summer. The context placed on the revelation is that potentials targets are being scared off by a ruthless corporate culture that, while serving Zynga well on …

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Disney proposes full UTV takeover

India’s UTV Software could soon be fully owned by Disney, if a major acquisition bid is agreed. The Walt Disney Company already owns 50.4 per cent of Ignition’s parent, UTV Software, and today is willing to part with $454 million to own the company in full. Much of the driving …

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Take-Two buyout ‘a reasonable bet’

A US analyst has claimed that the commercial success of LA Noire means a possible acquisition of Take-Two is now more likely. LA Noire now joins Grand Theft Auto and Red Dead Redemption in the publisher’s stable of super triple-A IP. Its catalogue also includes Bioshock, Mafia, Carnival Funfair, Civilization, …

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Take Two shares jump on buyout talk

It may all be just rumour for now, but belief from investors that a possible deal between Activision and Take-Two could be on the cards saw shares in the Rockstar owner climb five per cent on Friday. That was the day on which MCV broke news about the proposed takeover. …

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Take-Two ‘would accept Acti bid’

One US analyst has predicted that publisher Take-Two would accept a takeover bid of around $20-$22 per share from rival company Activision. MCV exclusively revealed last Friday that there’s increasing noise about a possible move amongst some of the industry’s highest level execs. And now speaking on Twitter, US analyst …

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Konami profits up 22%

The full year financial results for Konami this year have proved a mixed bag, with profits increasing but revenues falling. In total profit jumped 22.4 per cent year-on-year for the 12 months ending March 31st 2010, ending at $143.4m. Revenues were down 15.4 per cent at $2.8bn. Revenues at its …

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Square Enixs buyout of Eidos draws closer

The seemingly inevitable buyout of Eidos by Japanese RPG developer and publisher Square Enix has come a step closer with the news that it has now acquired 11 per cent of Eidos’ shares. In addition, Square Enix has also made public its intentions to buy a further three per cent …

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Warner and Eidos cosy up over Lara Croft

It has emerged that Warner Bros is planning a brand new movie in the Tomb Raider franchise – leading some to wonder if this is the first move in the long rumoured takeover of Eidos . Despite Eidos’ recent admission that sales of its most recent Lara Croft title, Tomb …

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