Last Tuesday, Rockstar Games co-founder Dan Houser wasn’t sure. But today, it seems pretty likely that November will mark the latest in the long series of delays that have plagued the $50 million Grand Theft Auto IV DLC. At the BMO Capital Markets conference today in New York City, Take-Two CEO Strauss Zelnick told attendees not [...]
Continue reading...Sunday, September 14, 2008
With FTC approval in place, the ever-rejected tender offer dropped and friendly negotiation finally underway, it seemed that all the hurdles had been cleared for game software giant Electronic Arts to acquire Take-Two Interactive. But it appears that this time, it was EA’s turn to walk away from the bargaining table. Today, EA issued the following [...]
Continue reading...Monday, August 18, 2008
Holy sweet mother of Strauss Zelnick! Is it the Ragnarök? Does this spell the end for all mankind? Probably not, but this may actually spell the end for one of the industry’s longest-running potential takeovers. EA announced this morning that they would be allowing their longstanding tender offer for shares of Take-Two Interactive to expire [...]
Continue reading...Friday, May 9, 2008
“No,” says the man in Hollywood, “It belongs to the cinema.” Universal Pictures has officially picked up BioShock for the big screen, and major director Gore Verbinski (of the Pirates films, among others) will be running the show. No release date has yet been announced, nor any casting decisions, but Verbinski is said to be [...]
Continue reading...Wednesday, May 7, 2008
Take-Two has released the numbers from Grand Theft Auto IV’s opening week, and everyone was right on the money — and there was a lot of money. GTA4 has broken the records for day-one sales and week-one sales, with global numbers coming to 3.6 million units on opening day, and 6 million units in its [...]
Continue reading...Friday, April 18, 2008
Following yesterday’s annual shareholders’ meeting by Take-Two Interactive, Electronic Arts has modified its existing tender offer, which was originally scheduled to expire today.
Continue reading...Thursday, April 17, 2008
Take-Two Interactive today held its annual meeting for stockholders to vote on company business and, unsurprisingly, the main topic of the day was the tender offer from Electronic Arts. That offer is set to expire tomorrow, and, also unsurprisingly, Take-Two chairman Strauss Zelnick advised stockholders not to accept.
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Thursday, November 13, 2008
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