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Tag Archives: takeover

EA to make a move for Glu?

Rumours are circulating that Electronic Arts is considering the acquisition of specialist mobile games rival Glu following the notable activity of the mobile firm’s stock on Nasdaq last week, which traded 65 per cent higher on double normal trading volumes while the index as a whole fell. For the full …

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Could EA be a target for Disney?

With its stock plummeting 17 per cent on the back of its poor financial results , The Wall Street Journal is predicting that EA’s falling value could make it a target for acquisition – and it has fingered Disney as a possible suitor. EA is current worth around $7.3 billion …

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Square Enix officially withdraws Tecmo bid

Following the news yesterday that Tecmo had not only rejected Square Enix’s takeover offer , but subsequently gone on to announce its intention to merge with former rival Koei , the Final Fantasy developer has officially withdrawn its offer from the table. Square Enix had stated from the off that …

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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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Tecmo rejects Square Enix takeover

Tecmo has released a statement claiming that it has rejected Square Enix’s bid to take over the firm. The statement, translated by Kotaku, reads: For Tecmo, this proposal was received in a short span of time, but within the company we collected opinions from management and game creators as well …

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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. The fascinating story of EA CEO John Riccitiello’s one man mission to secure the acquisition took a further turn this week, as it …

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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 chance to find a suitor. While Take Two boss Strauss Zelnick said this week that the $2bn bid substantially undervalues” …

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OPINION: Why EAs purchase of Take Two is inevitable

In the wake of EA’s shock announcement of its move to acquire Rockstar owner Take Two, Wedbush Morgan Analyst Michael Pachter has stated that, in his opinion, the deal is now inevitable. We think that EA has two choices – beat ‘em or join ‘em,” he said. They are attempting …

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EA launches Take 2 acquisition website

As part of its freshly announced intentions to snap up Rockstar (and thus Grand Theft Auto) owner Take 2, EA has launched a new website dedicated exclusively to the news. The main text of the open letter from EA CEO John Riccitillo can be found here. Elsewhere on the site, …

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