THE BORE

General => Video Game Bored => Topic started by: Madrun Badrun on February 24, 2008, 08:48:13 PM

Title: EA attempting a hostle takeover of Take2.
Post by: Madrun Badrun on February 24, 2008, 08:48:13 PM

Basicly EA has made a public $2b bid on take2.  Thats an offer for $26 a stock for a share that closed at $17 a share on Friday.

The take two board has twice declined the offer.

links. 

http://kotaku.com/360147/the-take+two-letters-ea-rejected
http://kotaku.com/360138/ea-ceo-take+two-chairman-talk-take-over-bid

Title: Re: EA attempting a hostle takeover of Take2.
Post by: demi on February 24, 2008, 08:48:50 PM

Take 2 isn't doing anything until GTA is released, they know that is going to keep them afloat for a teeny bit longer

Title: Re: EA attempting a hostle takeover of Take2.
Post by: Howard Alan Treesong on February 24, 2008, 08:49:43 PM

I like how they set up a vanity URL for the bid:

http://www.eatake2.com/

Title: Re: EA attempting a hostle takeover of Take2.
Post by: Madrun Badrun on February 24, 2008, 08:51:27 PM

Quote from: demi on February 24, 2008, 08:48:50 PM

Take 2 isn't doing anything until GTA is released, they know that is going to keep them afloat for a teeny bit longer

Analysts are saying that the current Take2 value already recognizes the release of gta4. 

Title: Re: EA attempting a hostle takeover of Take2.
Post by: MCD on February 24, 2008, 08:53:11 PM

(http://image.com.com/gamespot/images/2007/191/930279_20070711_embed001.jpg)
Is submission not preferable to extinction?

Title: Re: EA attempting a hostle takeover of Take2.
Post by: Madrun Badrun on February 24, 2008, 08:58:41 PM

I'm really tempted to buy Take2 stocks.  I have no idea how the market works though.  Does a stock open at the same price it closes at?

Title: Re: EA attempting a hostle takeover of Take2.
Post by: pilonv1 on February 24, 2008, 08:58:58 PM

Well it depends if some of the exclusive licencing (ie FIFA) is contingent on them releasing it on multiple platforms. Obviously they will want their licenced games available to as many as possible.

But it would be virtually impossible for Western publishers to compete.

Title: Re: EA attempting a hostle takeover of Take2.
Post by: y2kev on February 24, 2008, 09:02:44 PM

Isn't this the equivalent of buying a moneypit?

Title: Re: EA attempting a hostle takeover of Take2.
Post by: Madrun Badrun on February 24, 2008, 09:07:26 PM

 :(

No stocks for me then.

Title: Re: EA attempting a hostle takeover of Take2.
Post by: Madrun Badrun on February 24, 2008, 09:22:17 PM

I don't see it as a really bad thing either.  Then again I don't care if midnight club and 2k die.

Title: Re: EA attempting a hostle takeover of Take2.
Post by: Himu on February 24, 2008, 11:18:44 PM

ARGH FUCKING DIE EA EAT MY DICK

Title: Re: EA attempting a hostle takeover of Take2.
Post by: Himu on February 25, 2008, 12:35:34 AM

ARGH NOOOOO

Title: Re: EA attempting a hostle takeover of Take2.
Post by: Smooth Groove on February 25, 2008, 12:49:08 AM

Can't wait for There Will Be Blood with the GTA4 engine. 

Title: Re: EA attempting a hostle takeover of Take2.
Post by: calcifer on February 25, 2008, 02:59:41 AM

Quote from: dcharlie on February 24, 2008, 08:54:53 PM

EA would be scary with Take2 also under their wing.
EA-Microsoft is going to be a shocking beast of a collaboration.

And it will be interesting to see the X720 be EA branded and not MS.

j/k before anyone starts - but that really would be game over for the industry would it not?

 :lol :lol :lol :lol :lol :lol :lol :lol :lol :lol

ea wouldnt take the xbox brand even if ms gave it to them for free

and even ea has got some sense of quality so they would never let ms build their console

Title: Re: EA attempting a hostle takeover of Take2.
Post by: Madrun Badrun on February 25, 2008, 11:49:50 AM

wow the price is up to    25.75 just from the news.