EA's third deadline in Take-Two takeover passes tonight

16 Comments by Alexander Sliwinski Jun 16th 2008 10:15PM
Filed under: Business

In a few hours, the third deadline in Electronic Arts' takeover bid for Take-Two Interactive will pass. GamePolitics has a pretty good roundup of speculation stories regarding the deal; meanwhile, we've also heard from Forbes and go-to analyst guru Michael Pachter on the situation.

Take-Two reported that EA only controlled 8% of the company's stock following the last deadline. We expect a press release from EA bright and early tomorrow morning about its next move and a response from Take-Two a little thereafter.

Tags: ea, take-two, takeover, zelnick

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(Page 1) Reader Comments

Zach: Jun 16th 2008; 10:20PM

Stick it to the man Take Two!

Obie: Jun 16th 2008; 10:26PM

Don't worry Niko is engaged in some "aggressive negotiations".

Hands off, EA!

giantenemycrab: Jun 16th 2008; 10:24PM

When will EA get the message?

bAssackwards: Jun 16th 2008; 10:42PM

"We swear this time! We're gonna take you over!"

Limezor: Jun 16th 2008; 10:28PM

Take-Two has no reason to give in...their making $$$ as it is.

bAssackwards: Jun 16th 2008; 10:39PM

This is comedy gold, hahah.

Solid Chief: Jun 16th 2008; 10:46PM

*ring ring*
"Hey Take 2, wanna meet up?"
"Sorry EA, I just don't have time right now"
"Its alright cousin, call me when you have free time"

kataztrophy: Jun 16th 2008; 11:09PM

Back off EA. Nobody wants to play your little reindeer games.

theturtle363: Jun 16th 2008; 11:17PM

Why do they even want Take Two? Aren't they pretty much a bomb when they arent selligng GTA?

Tigre: Jun 17th 2008; 12:52AM

I'm pretty sure EA doesn't want TT just for GTA. They want 2k too and if they manage to get their hands on 2k then EA would be a dominate force in the sports category.

Iced_Eagle: Jun 16th 2008; 11:36PM

EA, take a look behind you.

Yes, that is the door, and it's waiting for you to walk through it and get out of here.

BPM [MKWii: 2578 3585 8392]: Jun 17th 2008; 1:59AM

http://img.photobucket.com/albums/v348/BPMdotEXE/Random/EA-Man.png

gamedude420: Jun 17th 2008; 2:09AM

wow only about 12% more stock to buy til EA is on the board of directors at taketwo. they just need 20% to be on the board

MonkeyShart: Jun 17th 2008; 4:15AM

please EA....fuck you

Juice: Jun 17th 2008; 1:21PM

can joystiq legally alter EA's logo like that since they make profit from advertising?

Benny: Jun 17th 2008; 2:09PM

Surely the shareholders know by now they can just wait it out to get another extension / better offer.

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