News Tagged: take-two interactive

Take-Two Interactive chairman Strauss Zelnick hinted the existence of a third chapter in the acclaimed sci-fi shooter franchise. According to this report, when asked about the Gore Verbinski-helmed theatrical release of BioShock, Zelnick replied that the movie's release is likely to arrive in proximity to BioShock 3, rather than BioShock 2...

Third time's a charm? As expected, EA formally announces that it has extended its tender offer for all outstanding shares of common Take-Two stock. So, the new deadline is now June 16, 2008. Take-Two already issued a response. Strauss Zelnick, Chairman of the Board of Take-Two...

The deadline set by EA for Take-Two shareholders to agree to its bid has passed and still no deal has taken place. Electronic Arts, however, remains eager about a potential takeover bid, seeing as they've already secured up to $1 billion in financing should the agreement come to pass by Jan...

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...

An article over at NY Times says that Take-Two Interactive plans to make an announcement later today that Rockstar's GTA IV racked up first-week sales of an impressive $500 million. Word is, some 6 million copies were sold and 3.6 million of those on launch day. Nice. Even better than T2's projected $400 million.

Less than a month ago, GTA IV ads that were posted on buses and buildings of the CTA (Chicago Transit Authority) have been brought into the spotlight, when a Fox News affiliate questioned why the ad was allowed to run after a wave of violent crimes in Chicago...

Recently Activision boss Robert Kotick, chairman and CEO of publisher Activision, expressed his concerns about a possible deal (or rather EA's potential hostile takeover) between Electronic Arts and Take-Two Interactive. "That's concerning, sure," he told Reuters...

Lookin' good indeed. Each batch of new screenshots shows that the sequel to the popular mobster action game is progressing quite nicely. Word is that Mafia 2 will be simultaneously released on PC, PlayStation 3 and Xbox 360 platforms during the publisher Take-Two's next fiscal year (Nov. '08 through Oct. 31, '09). Click here to view all Mafia 2 screenshots. What is it about organized crime that's makes it so inviting?

You'd think Jack Thompson would be on some type of tirade against one of the most highly anticipated games of all time, GTA IV, and just attack the video game directly. Instead, he did something even more hilarious. He contacted Take-Two Interactive CEO Strauss Zelnick's...

EA extended its tender offer (yet again) for all outstanding shares of common Take-Two stock, moving its previous deadline to May 16, 2008. The determined industry giant is also changing its $26-per-share offer, down to $25.74 per share after taking into consideration "additional shares to be issued to Zelnick Media" following a change in Take-Two's incentive stock plan. Where does it go from here? Guess, selling 100 million The Sims isn't enough for EA. Source.

Electronic Arts announced that the company made a few minor changes to its $2 billion buyout offer for outstanding shares of common stock of GTA publisher Take Two Interactive. For one thing, they changed the expiration date from April 11 to April 18, since Take Two moved their shareholder meeting to April 17...

Take-Two Interactive makes it plain (again!) that the company is not interested in Electronic Arts' offer. There were suggestions recently that EA is determined to turn the whole thing into a hostile takeover. And while EA sees itself as "a white knight," Take-Two still hasn't agreed to the terms proposed by the industry giant...

EA CEO John Riccitiello recently made a statement via NY Times, claiming that Rockstar will benefit if his company takes over Take-Two Interactive. He was actually very poetic about it: "We, in many ways, represent a white knight," he said...

Although it's not much of a surprise, EA seems fired up to turn its Take-Two bid hostile, reports Wall Street Journal citing people familiar with the matter. EA plans to make a tender offer to acquire all of rival video game publisher Take-Two Interactive's outstanding shares for $26 each, which is exactly what was offered in the first place, but was rejected right away by T2...

According to Wedbush Morgan analyst Michael Pachter, Rockstar Games' upcoming action adventure Grand Theft Auto IV (PS3/360) could sell over 9 million units during the fiscal year. Although he expects the title to sell 6 million in within its first week, he also seems to think that GTA IV is practically the only meaningful Take-Two release of the year...

More dates from Take-Two. We've recently seen a round of awesome-looking screenshots from Mafia II and now Take-Two reveals the game will officially hit stores some time during the company's fiscal 2009 - which runs from Nov. 1, 2008 through Oct...

Less than a week ago, EA proposed to acquire Take-Two Interactive Software in a cash merger valued at around $2 billion. Take-Two already responded by saying that EA's offer "substantially undervalues Take-Two's robust and enviable stable of game franchises, exceptional creative talent and strong consumer loyalty...

EA officially proposes to acquire Take-Two Interactive Software in a cash merger, reportedly valued at around $2 billion dollars. That's right, EA offered $26 per share in cash, which stands as a "premium of 64 % over Take-Two’s closing stock price on Feb...