EA is trying to acquire Take Two
Two billion dollars have been offered by Electronic Arts to acquire Take-Two. The offer was made last February 19, but negotiations are under way, secretly, for about a year. Take-Two has offering Electronic Arts, branded as “inadequate” and “opportunistic.”
The offer currency every single action of the company with a premium of 50% compared to the closing of title on Friday. Electronic Arts have made the proposal at a delicate period because of ‘completion of the work on Grand Theft Auto IV, which will be released April 29.
Take-Two, therefore, leave a window to trafficking, announcing that a final decision will be taken only after the release of Grand Theft Auto IV. Electronic Arts expects to make an important contribution to support financially the Grand Theft Auto series, even after the release fourth episode. Ensure, as usual, the independence of the teams that are now part of Take-Two, and then, in addition to the GTA Rockstar is also talk of Firaxis, Visual Concepts and Irrational.
The treaty, therefore, will continue. A conference between the members of the holding company of Electronic Arts will be held February 25 and then you decide to continue with the strategies of negotiation. The buyer sets the transaction “amicable” and “negotiated”.
Electronic Arts has recently lost the primacy which third-party developer of the largest gaming industry. It is away from Activision / Blizzard, giant born of the merger of Activision and Vivendi Games. The acquisition of Take-Two restores the balance and creates a reality of enormous dimensions.
