Take Two COO: “We’re a great investment,” but still opting to remain independent

Stroking the flames of fire a bit, Take Two COO Karl Slatoff has said the company is a “very attractive” target for a buyout due to the company’s arsenal of IP.

9 years ago

Takeover headlines

  • Ubi buys Trackmania developer, Nadeo

    Trackmania developer Nadia’s sold out to Ubi, it’s been confirmed today.Did you know Trackmania’s played by 700,000 people a month? Well, it is.“The acquisition of Nadeo is an important step in our expansion within the on-line gaming sector”, said super Yves Guillemot, Ubisoft’s mega-boss.“Through Nadeo, Ubisoft will gain an expert team, one of the best […]

    11 years ago
  • Microsoft: "We have no plans to acquire EA"

    Microsoft’s issued a flat-out denial that it’s in the frame for an EA buy.“We have no plans to acquire EA,” a spokesperson told Marketwatch last night.“Unsubstantiated” rumors popped up regarding a sale yesterday, forcing up EA’s share price.

    11 years ago
  • Analyst: "Major media company" preparing THQ bid

    THQ’s shares rose 13 percent yesterday on rumour that a “major media company” is preparing a bid for the publisher.MKM Partners analyst Eric Handler started the chatter, according to this Forbes report.However, Handler said he does not see a sale as likely in the near term.“[The] company still has a very high percentage of licensed […]

    11 years ago
  • Zenimax borrowed $105 million to buy id

    ZeniMax raised $105 million in convertible debt and promissory notes in order to buy, id Software, VentureBeat reports.The figure comes from an SEC filing – financials figures weren’t disclosed when the deal was announced in June.ZeniMax previously raised $300 million in private equity funding in 2007.Full thing through there.

    11 years ago
  • Apple-EA buyout rumour beyond "idiotic," says Pachter

    Wedbush Morgan’s Michael Pachter doesn’t think Apple’s buying EA, as rumoured this morning.“To say that it is idiotic would be an insult to all idiots,” the analyst told VG247 today.The Street’s David Tong said in this piece that “chatter” said Apple was eyeing EA a takeover target.Maybe not, then.

    11 years ago
  • Report: Apple eyeing EA buyout

    A round-up on The Street’s claimed that Apple may be looking to buy EA.“Adami noted that there is chatter that Apple (AAPL Quote) is eyeing Electronic Arts(ERTS Quote) as a takeover target,” said David Tong, writing in this piece.Stranger things have happened. In fact, this really wouldn’t be very shocking at all.Thanks, Kotaku.

    11 years ago
  • Fresh Take-Two buyout rumours boost share price

    Take-Two shares are way up today, having enjoyed an 11.9 percent rise to $9.40 this morning. They also rose more than 5 percent last Thursday.Why? FlyOnTheWall‘s claiming there’s “renewed buyout chatter” surrounding the firm.$9.40 isn’t quite the $25.74-a-share offer EA trotted out last year, is it?Thanks, Barron’s.

    11 years ago
  • Report: Square and Eidos agree buyout terms

    MCV’s reporting that Square and Eidos have agreed buyout terms. Finalization on the deal is expected by May.Square was unavailable for comment at the time of writing.Following this, trading of Eidos shares will be suspended on April 21st and the cancelling of its share listings is due to occur the following day.A settlement is hoped […]

    11 years ago
  • Warner backs Square bid on Eidos

    Warner Bros has lent its support to a Square Enix bid for Eidos, saying it’ll add its 20 percent holding in the firm to a take-over.Over 36 percent of outstanding shares have now been placed on Square’s side of the fence.Eidos shares were trading at 32.25 pence when trading opened on Monday. More on GI.

    11 years ago
  • Eidos shares jump with news of Square Enix bid

    News of a Square Enix bid for Eidos has resulted in a major share boost for the Hitman-maker.Eidos’s stock leapt over 117 percent today, with over 5 million shares being traded in the UK market’s first hour alone. The price is currently at 30.5 pence ($.42).Square Enix is expected to reveal more details about its […]

    11 years ago
  • Report: Namco moves to buy D3

    Namco has reached agreements to acquire 70 percent of D3’s shares, according to this Andriasang report.The news apparently comes from a press release.Namco hopes to acquire the full 100 percent of shares, at a price of 62,000 yen.D3 will be turned into a wholly-owned Namco subsidiary.Other detail from the press release outlines resulting benefits of […]

    11 years ago
  • Square bids £84.3 million for Eidos

    Square Enix has made official an £84.3 million bid for Eidos.The Eidos board has agreed to recommend the offer to shareholders, which is worth 32 pence per share.The price represents a premium of 258 per cent over the price at the time the offer was made, January 14, and a premium of 91 per cent […]

    11 years ago
  • Eidos confirms takeover talks

    Eidos revealed today that the company is in fresh talks about a potential takeover.“The board can announce that it has received a preliminary approach which may or may not lead to an offer being made for the company,” Eidos said in a statement.“Eidos emphasises that discussions are at a very early stage and that there […]

    12 years ago
  • Time Warner buys extra 10 million shares in Eidos

    According to this Reuters report, Time Warner’s extended its share in Eidos to 20 percent.The firm bought 10 million shares in the UK publisher to increase its stake.Time Warner bought the shares on December 11 and now holds about 52.5 million shares in the company.

    12 years ago
  • Report: Square and Warner ready to move on Eidos

    MCV’s rumouring that both Square and Warner are readying bids for Eidos.The site’s quoting as source as saying: “I think Warner will still win, but it’s very interesting that Square have expressed this late interest. They are clearly looking for Western talent.”Yoichi Wada has apparently already visited Denmark’s IO Studio and is set to return […]

    12 years ago
  • Midway sold for $0.0012 per share

    According to this Reuters report, quoting the Wall Street Journal, Sumner Redstone has sold his 87 percent share in Midway to investor Mark Thomas for $100,000, or $0.0012 a share.Thomas will assume $70 million of senior secured and unsecured debt.The sale amounts to a significant loss on Redstone’s investment but secures a hefty tax benefit […]

    12 years ago
  • Rumour: Ubi and EA looking at SCi buy

    Edge’s reporting a rumour piece that appeared in The Daily Mail this morning, which reckons SCi’s being looked at by EA and Ubisoft.Apparently discussions of are at an “early stage” and that SCi has been approached by two separate publishers in a matter of weeks.More through there.

    12 years ago
  • Koei and Tecmo merger agreed for April, worth $207 million

    According to this Reuters report, Koei and Tecmo have agreed terms to merge and will combine under a holding company in April next year.The deal is worth $207 million.Each Tecmo share will be exchanged for 0.9 shares in the holding company, while one share in the holding firm, called Tecmo Koei Holdings, will be allotted […]

    12 years ago
  • Activision buys Budcat

    Activision’s bought Guitar Hero developer Budcat, the company’s confirmed.The Iowa-based firm has worked on various versions of Guitar Hero III: Legends of Rock, Guitar Hero: Aerosmith and Guitar Hero World Tour.Budcat will now move on to “a new game in the Guitar Hero franchise.”Press release after the link.

    12 years ago

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