31
03/08
EA Extend Take Two offer
As you have probably read elsewhere on the web as well as here, EA has been trying to buy out Take Two, by even going as high as trying to buy from their shareholders, rather than the company owner. Take Two have constantly refused as they are not in the position to sell, apparently.
EA however have extended their offer to take two to the day after their annual finaces and board review…very cheeky of them! I'm unsure whether this will make much difference as Take Two seem fairly deadset on staying independant of any giant publisher like EA.
Via GameSpot
RakeBackCelebPoker
May 20, 2008
11:42 pm
Now, mergers & takeovers have become common business phenomenon in Corporate World. Big companies always strive to takeover small companies. In this process, the Big companies adopts all means to acquire (even if the Management of the small companies are reluctuant) like offering best price to the shareholders for their share holding etc., We can call it as a “COUP”. In these circumstances, it is very difficult for small companies to survive.
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Beth W.
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