Tag Archives: due diligence
Thu, Mar 06, 2008 | 19:35 GMT
This is proper bonkers. Jack Thompson has now accused EA of lack of due diligence in its attempt to take over Take-Two following the publishers rebuttal this morning of Jack’s offer to “help” with the deal. Thompson says he has a client that’s been heavily “stiffed” by Take-Two, a tale he sees an endemic to the way the publisher does business.
“If you all at EA want to pursue a purchase of Take-Two without fully knowing what is ‘out there’ in the form of liabilities, posed by my client and others, of your take-over target, you got [sic] right ahead,” he said. “I’m sure EA’s shareholders will be impressed with your lack of ‘due diligence’ exhibited first by your ‘don’t help us, Mr. Thompson’ and now your anticipated ‘we don’t want to know about contractual liabilities of Take-Two’ posture. Maybe the new corporate logo of EA should incorporate an ostrich.”
Read the rest through the link. We might actually stop writing about Thompson soon. Bit boring, isn’t it?