Gamertell

It looks like the Bioshock movie we’ve all been awaiting is actually going to come to fruition. According to Variety, Universal and Pirates of the Caribbean director Gore Verbinski will be bringing the dystopian world to the silver screen. John Logan, screenwriter behind Oscar-winning The Aviator will be penning the… Continue Reading »

Rockstar’s recently released epic, Grand Theft Auto IV, has been on the receiving end of a great deal of controversy for quite a while but parent company Take-Two Interactive is finally fighting back. Take-Two is suing the Chicago Transit Authority (CTA) for pulling all GTA IV related ads from buses… Continue Reading »

While the streets might be safe for a few weeks while everyone is inside playing Grand Theft Auto IV: Vice City, it’s only a matter of time before hooligans decide to stretch their thumbs and break out of the family den or dilapidated tenement apartment (adorned with a 42 in.… Continue Reading »

There has been nauseating levels of acquisition talk in the videogame industry the past couple of months. Although EA hasn’t yet been successful in acquiring Take-Two, another major publisher is getting ready to go shopping for game companies. According to Reuters, game publisher THQ is contemplating a takeover. This leaves… Continue Reading »

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 »

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 »

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 »

Wedbush Stanley’s lead videogame analyst, Michael Pachter, believes that Electronics Arts might have launched its bid for Take-Two in order to take control of the latter’s sports game division, 2K Sports, which is its only notable competitor in the sports game genre. He told Game Politics that the $26 a… Continue Reading »

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 »

Take-Two Interactive Software Inc., has no intentions of selling Take-Two and Rockstar, according to the company’s chairman Strauss Zelnick. “I imagine we will try to find greater efficiencies but they probably won’t be through headcount. I imagine headcount will grow. This is a growth business. We are in growth mode,”… Continue Reading »