Reuters is reporting that Electronic Arts has secured a billion dollars in loans from Morgan Stanley, among others, in order to finance its ongoing efforts to acquire Take-Two Interactive. EA’s bid, still standing firm at roughly $2 billion, has been on the table for three months now, and has seen increasingly bold tactics on both [...]
Continue reading...Thursday, February 28, 2008
The SEC has been investigating THQ since 2006 over allegations that the company was “backdating” their stock option grants to allow for higher sales prices, but they have decided not to recommend any action be taken against THQ. It is not clear at this time whether this is a positive finding, meaning they have ruled [...]
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Friday, May 9, 2008
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