ACTIONTRIP NEWS RSS
LOGIN | REGISTER
USER     PASSWORD  
 Forgot username or password? Click here.
EA Readies $1B for Potential Take-Two Acquisition
Filed under: EA, TAKE-TWO INTERACTIVE
No, Electronic Arts isn't buying Take-Two Interactive just yet. But just in case the folks at Take-Two give in, the persistent industry giant has already secured up to $1 billion in financing if the acquisition should take place by January 9, 2009.

Wedbush Morgan analyst Michael Pachter points out that EA is in need of a bit of cash after the Pandemic/BioWare acquisition (thanks, GamePolitics). Pachter says that the timing of this loan isn't "particularly unusual" and he expects EA to make a higher bid for Take-Two.

Yeah, it's always nice when you have an extra billion or two lying around. Can't be too careful.

Meanwhile, Take-Two is making the most out of Rockstar's recent smash hit, GTA IV.



submit to reddit


2 post(s)
Reader Comments
Zolneirz May 10 2008, 12:05 pm EDT
HOLD FAST, SERVANTS OF THE LIGHT. UPON THESE WALLS THE DARKNESS WILL BREAK AS IF A WAVE UPON THE BEACHES!
The CIA May 11 2008, 10:39 am EDT
No no, this is the actual news, 'EA readies $1B for potential new employee' and thats me....... (To screw their business ofcourse)
COMMENTS PAGE 1




POST A COMMENT
Username:
Password:




SEND THIS PAGE TO A FRIEND
Easily fill in your friends' emails to send them this page.
 
 
BACK TO TOP
TOP VIDEOS
VOTING POLL

Where would you like to see more of ActionTrip?

Facebook
Twitter
Google+
Pinterest
YouTube
» view results
» view poll archives
TOP SCREENSHOTS
Deus Ex: Human RevolutionStarCraft II: Legacy of the VoidFar Cry 4Sunset Overdrive
 
 
TOP COMICS
The Asshole InquisitorHome of A GeekElfroot: The Great Hunt
 
TOP BABES
Three days ago

monitoring_string = "eff2d707bb70db01fa83ebd63e0c5947"