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Articles about buyout

1UP officially bought by UGO, layoffs announced

by Kris Rosado on Jan 7, 2009 at 01:42 PM

We are sorry to interrupt (or at least emotionally hijack) CES coverage but our earlier report about UGO acquiring the 1UP network has been officially confirmed. Properties sold include: 1UP.com, Mycheats.com, Gametab.com and GameVideos.com. Filefront will reportedly become part of the PCMag Digital Network. Unfortunately, however, things won’t be going… Continue Reading »

Rumo: UGO to buy 1UP network

by Kris Rosado on Dec 10, 2008 at 11:46 PM

Joystiq is reporting through “multiple sources” that the UGO network is currently in “advanced talks” with Ziff Davis over the purchase of the 1UP network. Neither 1UP, Ziff Davis, or UGO has yet to comment on the situation, so as of writing, Joystiq is our only source of information. The… Continue Reading »

EA amends takeover offer, extends deadline by one week

by Pulkit Chandna on Mar 31, 2008 at 08:18 AM

With Take Two’s board rejecting EA’s takeover offer, EA has softened its stand, though only a bit. It had previously set April 11, 2008, as the deadline but has deferred it by a week and reset it to April 18, 2008. Despite the extension, it still is keen to close… Continue Reading »

Take Two board rejects EA’s offer, mergers before GTA IV release

by Pulkit Chandna on Mar 29, 2008 at 01:41 PM

The board of directors of Take-Two has once again dismissed EA’s offer and termed it “inadequate in multiple respects.” But it remains open to other possibilities like a merger with a third party or EA. It has advised the company’s shareholders not to offer their shares to EA. The board… Continue Reading »

Tom Clancy game name now belongs to Ubisoft

by Christopher Buckner on Mar 22, 2008 at 08:48 AM

They say that everyone has their price, well apparently Tom Clancy has found his, as he has signed away not just his entire universe that is based around his international hit books, but even his own name. And who did he sell out to? Well the French of all people.… Continue Reading »

Take-Two says other companies have expressed interest

by Neil Barbour on Mar 2, 2008 at 02:05 PM

A SEC filing from Take-Two Interactive indicates Electronic Arts isn’t the only company putting offers on the table for the publishing house that owns the Grand Theft Auto and 2k Sports franchises. The filing suggests that Take-Two occasionally gets word that other firms are interested in putting up a buyout… Continue Reading »

Electronic Arts makes $2 billion offer to Take-Two

by Pulkit Chandna on Feb 25, 2008 at 08:00 PM

EA has decided the best way to preserve its ascendancy by making a big acquisition - or, at least, try to. The publisher announced on Sunday (February 24, 2008) that it has placed a $2 billion acquisition-bid for Take-Two Interactive at $26 per share. Take-Two rejected the offer, posting a… Continue Reading »

analyst predicts Take Two take over

by Pulkit Chandna on Dec 21, 2007 at 09:46 PM

Videogame analysts have time and again clamored about a possible take over of Take Two. It seemed that Take Two chairman Strauss Zelnick’s denial of any such possibility had silenced all those analysts. But that is no longer the case, as Janco Partners’ analyst Mike Hickey has broken the brief… Continue Reading »

Rumor Confirmed: Eidos approached to be purchased by unnamed company

by Lucy Newman on Sep 6, 2007 at 09:58 AM

SCi Entertainment Group, aka Eidos, released a statement to the London Stock Exchange that confirms speculation that it was approached by an unnamed company with an offer. The rumors began when SCi Entertainment acquired Eidos Interactive May 2005. Since then the company admits being approached multiple times in January 2006… Continue Reading »

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