Now, this has very little to do with first-person shooters or anything like that, but I just found this story to be a bit irritating. EA is offering roughly $2 BILLION (yes, with a "B") to the shareholders of Take-Two after the company refused to be bought out by them last month.
Starting back in February when EA offered $2 billion to Take-Two and was refused by the Board of Directors. EA, in their thirst for total industry domination then made their offer public to the shareholders. The Board's refusal for a buyout was met with two of the biggest share holders selling their stock in Take-Two.
Further attempts by EA to buy out the company were met with deaf ears. EA has, in turn, started to make offers directly to the shareholders to buy their shares at $26/share, or roughly $2 billion total. Take-Two is urging its shareholders to ignore the offer and pass on it.
The offer will end on April 12th, roughly two weeks before Grand Theft Auto IV is set to hit store shelves.
EA, this isn't the way to win anyone's heart.
Starting back in February when EA offered $2 billion to Take-Two and was refused by the Board of Directors. EA, in their thirst for total industry domination then made their offer public to the shareholders. The Board's refusal for a buyout was met with two of the biggest share holders selling their stock in Take-Two.
Further attempts by EA to buy out the company were met with deaf ears. EA has, in turn, started to make offers directly to the shareholders to buy their shares at $26/share, or roughly $2 billion total. Take-Two is urging its shareholders to ignore the offer and pass on it.
The offer will end on April 12th, roughly two weeks before Grand Theft Auto IV is set to hit store shelves.
EA, this isn't the way to win anyone's heart.
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