Electronic Arts Goes Hostile With Take - Two Offer

[Quad]

http://www.nytimes.com/reuters/techn...aketwo-ea.html

SAN FRANCISCO (Reuters) - Electronic Arts Inc <ERTS.O> on Thursday launched a hostile offer for rival video game maker Take-Two Interactive Software Inc <TTWO.O> at $26 a share, taking the $2 billion bid directly to stockholders.

"Take-Two, publisher of the popular "Grand Theft Auto" series, last month rejected EA's unsolicited all-cash offer at the same price. The bid represents a 64 percent premium over Take-Two's closing stock price on February 15, the last trading day before EA sent the proposal to the company.

"We believe Take-Two investors will see our tender offer as the best way to maximize the value of their investment in Take-Two," EA Chief Executive John Riccitiello said in a statement."

[greekjgg]

They are acting like Grand Theft Auto is the major interest here, but in reality it is about getting 2k Sports. Now that they renewed their exclusive deal with NFL they can implement the 2k football sports engine into Madden. Their head guy over Madden left the company last month and the new ceo of EA sports used to be the CEO at 2k sports so they can acquire all those sports games alone with GTA.

[Quad]

Originally Posted by greekjgg

They are acting like Grand Theft Auto is the major interest here, but in reality it is about getting 2k Sports. Now that they renewed their exclusive deal with NFL they can implement the 2k football sports engine into Madden. Their head guy over Madden left the company last month and the new ceo of EA sports used to be the CEO at 2k sports so they can acquire all those sports games alone with GTA.

Interesting stuff, thanks.

[Augustine864]

I wish EA would get their MLB license back.

[Copywriter]

Yeah, let's let one company own a monopoly on licensed sports games.

I'm sure that will be in all of our best interests.

[smallvillefan27]

Originally Posted by greekjgg

They are acting like Grand Theft Auto is the major interest here, but in reality it is about getting 2k Sports. Now that they renewed their exclusive deal with NFL they can implement the 2k football sports engine into Madden. Their head guy over Madden left the company last month and the new ceo of EA sports used to be the CEO at 2k sports so they can acquire all those sports games alone with GTA.

Is that confirmed that the former CEO at 2k is now the CEO of EA, or did you just make that up because if what you are saying is true that pretty huge, because Madden has been piece of you know what for the past 3 years, but if they are putting 2k people on the madden job, we are talkin a pretty flippin huge game.

[greekjgg]

Originally Posted by smallvillefan27

Is that confirmed that the former CEO at 2k is now the CEO of EA, or did you just make that up because if what you are saying is true that pretty huge, because Madden has been piece of you know what for the past 3 years, but if they are putting 2k people on the madden job, we are talkin a pretty flippin huge game.

The current ceo of ea sports was incharge of the 360 at M$ and stepped down last year because of all the servicing issues they had with them. This is not speculation, you can google it.

[smallvillefan27]

Originally Posted by greekjgg

The current ceo of ea sports was incharge of the 360 at M$ and stepped down last year because of all the servicing issues they had with them. This is not speculation, you can google it.

i wasnt trying to offend at all, just some people make up stories and i usually dont pay much attention, but when somone talks 2k and sports that usually perks my interest, but now what i dont understand is if the current ceo of EA was at microsoft, how can it be he was the former ceo of 2k?

[greekjgg]

Originally Posted by smallvillefan27

i wasnt trying to offend at all, just some people make up stories and i usually dont pay much attention, but when somone talks 2k and sports that usually perks my interest, but now what i dont understand is if the current ceo of EA was at microsoft, how can it be he was the former ceo of 2k?

He was ceo of 2k prior to running the 360 ship at M$

[reiella]

Good news is EA QA and EA Legal will prolly help to keep Take2 from having another ESRB screwup.

[Shin-Ra]

Peter Moore was the COO of Sega of America.

[JTK]

I have this nightmare scenario of EA doing something like this and then watching MS take in EA somehow.

[smallvillefan27]

Originally Posted by greekjgg

He was ceo of 2k prior to running the 360 ship at M$

oh i see, well if the future looks like Madden game mode options and nfl license, combined with 2k players models, gameplay animations and such, i might start playing football again

[reiella]

Originally Posted by JTK

I have this nightmare scenario of EA doing something like this and then watching MS take in EA somehow.

I wouldn't worry too much about that happening.

Sure it could happen, yes, but well, Microsoft's having enough trouble getting their console efforts to turn profit .

[smallvillefan27]

i have always wanted to see EA and 2k join forces, but with the best of both worlds, EA just needs to let 2k do the graphics engine, and just add in thier game options and licenses, and just sit back and collect the check, cause lets face Madden would be a good game if it didnt look so stone age and god-awful

[Giyomu]

F*CK EA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!

before mass effect release they acquire bioware,
now before GTA release, they want T2!??

just what? because they don t make profit with their games!? because EA games suck and have no originality!!

that s pissing me off

[smallvillefan27]

Originally Posted by Giyomu

F*CK EA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!

before mass effect release they acquire bioware,
now before GTA release, they want T2!??

just what? because they don t make profit with their games!? because EA games suck and have no originality!!

that s pissing me off

LOL WOW!!!!, you have anger, but i agree i have not been and EA fan ever since next consoles came out, they have really not done well with thiers games on next gen at all

[bleedsblu]

EA is commonly known in the gaming industry as 'The Evil Empire'...

they're motto is : 'if you ca't beat'em, buy 'em.'

The less competition there is for them, the less innovative they have to be in the future,..they'll just continue to put out the same crap every year.

A few studios they've aquired:

Blackbox
Bioware, Pandemic
Jamdat Mobile
Part of Ubisoft
Phenomic
Digital Illutions CE
Criterion Software
Mythic
Headgate Studios
SingShot
Super Computer International


Wanna LONG read straight from spouses of exploited employees of EA, and employees as well...
http://ea-spouse.livejournal.com/

[reiella]

Originally Posted by Giyomu

F*CK EA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!

before mass effect release they acquire bioware,
now before GTA release, they want T2!??

just what? because they don t make profit with their games!? because EA games suck and have no originality!!

that s pissing me off

Just a sidenote, it was after Mass Effect release that they acquired BioWare.

[smallvillefan27]

Originally Posted by bleedsblu

EA is commonly known in the gaming industry as 'The Evil Empire'...



they're motto is : 'if you ca't beat'em, buy 'em.'

The less competition there is for them, the less innovative they have to be in the future,..they'll just continue to put out the same crap every year.

A few studios they've aquired:

Blackbox
Bioware, Pandemic
Jamdat Mobile
Part of Ubisoft
Phenomic
Digital Illutions CE
Criterion Software
Mythic
Headgate Studios
SingShot
Super Computer International


Wanna LONG read straight from spouses of exploited employees of EA, and employees as well...
http://ea-spouse.livejournal.com/

I agree, LOL and its funny that you say that because my friend and i JUST had that conversation, but when we all form a rebelion im Han Solo!!!!!!!