So, EA's trying to buy Take 2/2K. Wait, WHAT THE ****?!

[kcxiv]

Originally Posted by htismaqe

You should. They make up the bulk of my gaming time and they BEAT THE HELL out of sports games.

I like the competition online though. Thats where my Sports gaming thrills come from.

[kcxiv]

Take-Two leads gains after rejecting EA bid
By Rex Crum, MarketWatch

SAN FRANCISCO (MarketWatch) -- Technology stocks showed signs of life in early trading Monday as Take-Two Interactive Software Inc. shares climbed almost 50% after the video game maker turned down a takeover offer from Electronics Arts Inc.
Take-Two (TTWO:
Take-Two Interactive Software

TTWO 26.84, +9.48, +54.6%) shares soared $8.40 to $25.76 after EA said it made a $2 billion bid for the maker of the "Grand Theft Auto" videogame franchise. EA said it made the offer, valued at $26 a share, last Tuesday after offering Take-Two $25 a share earlier this month. Take-Two rejected the bids. See full story.
EA shares fell $1.50, or 3%, to $48.25.













http://www.marketwatch.com/news/stor...D&siteid=yhoof

[Rain Man]

Originally Posted by kcxiv

Take-Two leads gains after rejecting EA bid
By Rex Crum, MarketWatch

SAN FRANCISCO (MarketWatch) -- Technology stocks showed signs of life in early trading Monday as Take-Two Interactive Software Inc. shares climbed almost 50% after the video game maker turned down a takeover offer from Electronics Arts Inc.
Take-Two (TTWO:
Take-Two Interactive Software

TTWO 26.84, +9.48, +54.6%) shares soared $8.40 to $25.76 after EA said it made a $2 billion bid for the maker of the "Grand Theft Auto" videogame franchise. EA said it made the offer, valued at $26 a share, last Tuesday after offering Take-Two $25 a share earlier this month. Take-Two rejected the bids. See full story.
EA shares fell $1.50, or 3%, to $48.25.

Yeah, baby! I've got 240 shares of Take Two stock that I've had for years. I made $2,287.20 today off of this.

[Kraus]

Originally Posted by Rain Man

Yeah, baby! I've got 240 shares of Take Two stock that I've had for years. I made $2,287.20 today off of this.

Nice.


It looks like T2 is considering other "unnamed" offers. Is this a tactic to make EA pay more or do you guys think other companies are also interested?

Take-Two Reports Other Buyout Offers

By AMANDA FEHD
Associated Press Writer

SAN JOSE, Calif. (AP) -- Take-Two Interactive Software Inc., maker of the "Grand Theft Auto" video game series, said Thursday that other companies are interested in buying it, but Take Two has not received any formal offers and is not negotiating a merger with anyone.

The company rejected a $2 billion buyout offer this week from Redwood City, Calif.-based Electronic Arts Inc.

Take-Two, which is based in New York, said in a filing with the Securities and Exchange Commission Thursday that since EA issued a press release on Sunday expressing interest in the company, it has received other "informal indications of interest in a business combination."

Take-Two "has not engaged in any substantive discussions with any party (including EA) with respect to a business combination," the filing said.

The statement said that information was up-to-date as of Wednesday and the company does not plan to update shareholders on any merger discussions unless it is legally required to do so.

The filing was required ahead of Take-Two's annual meeting of shareholders on April 10.

A company executive said this week that Electronic Arts is undervaluing Take-Two and not factoring in the benefits of its recent turnaround efforts. Take-Two said it is open to discussions with EA but wants to wait until April 30, the day after the latest version of Grand Theft Auto hits store shelves.

http://hosted.ap.org/dynamic/stories...MPLATE=DEFAULT

[htismaqe]

Originally Posted by kcxiv

I like the competition online though. Thats where my Sports gaming thrills come from.

True. I've had an XBox Live Gold subscription for about a month out of the 2 years I've had my unit. I just can't play online, too much BS.

[kcxiv]

Originally Posted by htismaqe

True. I've had an XBox Live Gold subscription for about a month out of the 2 years I've had my unit. I just can't play online, too much BS.

I have a pretty decent friends list from back in the 2k5 days. So i play alot of the top sim ballers that play. So i always have a bunch of good fun games without the BS.