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Author Topic: EA offering up 2 BILLION for Take-Two ?  (Read 4670 times)
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Destructor
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« Reply #40 on: February 26, 2008, 02:39:22 AM »

Quote from: kathode on February 26, 2008, 02:02:51 AM

Quote from: Ridah on February 26, 2008, 01:53:43 AM

Aside from the sports stuff, I feel like EA has done no harm to any franchises by buying the original development teams. Burnout and Command & Conquer have both faired well.
Ultima and Wing Commander say hi... at least smile

Sold TTWO today at 26.30 for something like a 70% gain.  Not bad for a few minutes work smile

Nicely done. Punk. biggrin

And yes, toss me into the 'EA did far more harm than good buying everybody up' ballpark.
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« Reply #41 on: February 26, 2008, 06:32:16 AM »

Quote from: kathode on February 26, 2008, 02:02:51 AM

Quote from: Ridah on February 26, 2008, 01:53:43 AM

Aside from the sports stuff, I feel like EA has done no harm to any franchises by buying the original development teams. Burnout and Command & Conquer have both faired well.

Ultima and Wing Commander say hi... at least smile

*cough*Bullfrog*cough*
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« Reply #42 on: February 26, 2008, 09:38:16 AM »

Spot on about the sports games, Starshifter. They would simply eliminate the competition. I don't think they see a need to improve their games. They're selling well enough.
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« Reply #43 on: February 26, 2008, 12:44:57 PM »

In a REALLY demented sort of way, won't it be funny to see how bad EA can completely fuck up Sid's Civilization series?  Isn't Firaxis part of this potential deal?

EA Games presents:

Electronic Arts Civilization V - A New Beginning!

Introducing over 100* new features to make the Civilization game you've always dreamed of!

* Note that 85 of the new features will not work correctly, and as an unfortunate consequence of adding them all, 137 of the pre-existing features will also be borked.  If the outcry is large enough though, we may release a few patches to hide our fuckups fix the mistakes made.

Welcome to a new era of Civilization!
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« Reply #44 on: February 26, 2008, 12:47:37 PM »

Quote from: Lockdown on February 26, 2008, 12:44:57 PM

In a REALLY demented sort of way, won't it be funny to see how bad EA can completely make sweet love inside the confines of marriage to  Sid's Civilization series?  Isn't Firaxis part of this potential deal?


Sid will walk before he lets his vision get steamrolled. Remember Civ III? He had nothing to do with it IIRC.
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« Reply #45 on: February 26, 2008, 01:14:58 PM »

I believe we are on the cusp of a monumental shift in the gaming/technology industry.  A shift that will be devastating.  You heard it here first.  I hope everyone is happy.
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« Reply #46 on: February 26, 2008, 04:22:54 PM »

Quote from: Starshifter on February 26, 2008, 01:14:58 PM

I believe we are on the cusp of a monumental shift in the gaming/technology industry.  A shift that will be devastating.  You heard it here first.  I hope everyone is happy.

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« Reply #47 on: February 26, 2008, 10:56:02 PM »

It may be less bad than we all think. It could signal the rise of the indies and more online distribution where big EA types won't have as much of a say and more original games could flourish. Lot of big "if"s in there of course.
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« Reply #48 on: February 26, 2008, 11:58:43 PM »

Quote from: Starshifter on February 26, 2008, 01:14:58 PM

I believe we are on the cusp of a monumental shift in the gaming/technology industry.  A shift that will be devastating.  You heard it here first.  I hope everyone is happy.

That's such an extreme view that I can't take it seriously. Let's face it, a lot of the franchises that were discontinued when EA bought out the developer didn't sell for shit anyways. If EA didn't discontinue them, the developer would have probably gone out of business anyhow. I loved Bullfrog and the Dungeon Keeper games as much as anyone, but even back in high school (or heck, middle school maybe?) I knew the DK games weren't big sellers.
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« Reply #49 on: February 27, 2008, 01:49:17 AM »

where'd you get that pic of Ike?
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« Reply #50 on: February 27, 2008, 04:36:26 PM »

Looks like they may be setting up to take another shot at Ubisoft too.
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« Reply #51 on: February 27, 2008, 07:19:13 PM »

Maybe Ubi and Take Two should merge.  Together they could be a more difficult buyout target than separately.

I hate EA.  They've just always seemed like a company using acquisitions to mask all their own problems, since it keeps supplying them with a steady stream of loan money.
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« Reply #52 on: February 27, 2008, 08:37:29 PM »

This is no different than when movie production companies started merging. It's going to happen.

Ubi/Take2 would be a good fit though.

UbiTake SoftInteractive Two. Sounds like a japanese porn game.
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« Reply #53 on: February 27, 2008, 10:22:26 PM »

Quote from: CeeKay on February 27, 2008, 04:36:26 PM

Wait, that site's proof is that someone is squatting on some speculative domains?  That detective work would make 9/11 truthers blush.

Besides EA registers through Network Solutions not GoDaddy. icon_wink
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« Reply #54 on: February 27, 2008, 10:38:29 PM »

All the EA hate is so last-gen.  Get over it.
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« Reply #55 on: February 28, 2008, 12:37:20 AM »

Quote from: Hrothgar on February 27, 2008, 10:22:26 PM

Quote from: CeeKay on February 27, 2008, 04:36:26 PM

Wait, that site's proof is that someone is squatting on some speculative domains?  That detective work would make 9/11 truthers blush.

Besides EA registers through Network Solutions not GoDaddy. icon_wink

well, they did register www.EATake2.com through GoDaddy it seems, and they've taken shots at Ubisoft before.  It could indeed be a squatter though.
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« Reply #56 on: February 28, 2008, 04:07:14 AM »

Quote from: CeeKay on February 28, 2008, 12:37:20 AM

well, they did register www.EATake2.com through GoDaddy it seems, and they've taken shots at Ubisoft before.  It could indeed be a squatter though.
Now that I think about it, EA probably hired a law firm to handle the whole Take 2 process.  While EA doesn't need to hide their domain registration, a firm acting on behalf of their client might do it automatically out of privacy (or whatever the corporate equivalent is) concerns.  They also might grab related name for future action or just as a precaution.  I suppose being on the same date is enough to draw a link.  It would have to be a pretty fast acting squatter.

I'm sure I've put worse speculation out on the interwebs.  I shouldn't criticize.
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« Reply #57 on: March 13, 2008, 03:58:34 PM »

and the hostile takeover begins.
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« Reply #58 on: March 13, 2008, 04:07:59 PM »

Quote from: CeeKay on March 13, 2008, 03:58:34 PM


This will get interesting.

gellar
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« Reply #59 on: March 13, 2008, 04:11:46 PM »

Quote from: gellar on March 13, 2008, 04:07:59 PM

Quote from: CeeKay on March 13, 2008, 03:58:34 PM


This will get interesting.

gellar

I don't see how interesting it's going to be (I mean, in terms of crazy shit going down). There isn't much they can do, it has been pretty obvious from whats been floating around the financial world that big shareholders like the deal and want the cash buyout. It's going to happen.
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« Reply #60 on: March 13, 2008, 04:16:45 PM »

I mean the fallout.  They could have done the smart thing and realized that they were fucked from the start of the process and tried to actually negotiate a bit more per share (as well as soft landings for as many as much of the useless overhead as they could).

Instead they chose to stick their heads in the sand and yell NOT ENOUGH, which gets them to this situation.  I don't think the Take 2 Execs are gonna come out of this looking very good at all.

gellar
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« Reply #61 on: March 13, 2008, 04:27:26 PM »

Quote from: gellar on March 13, 2008, 04:16:45 PM

I mean the fallout.  They could have done the smart thing and realized that they were fucked from the start of the process and tried to actually negotiate a bit more per share (as well as soft landings for as many as much of the useless overhead as they could).

Instead they chose to stick their heads in the sand and yell NOT ENOUGH, which gets them to this situation.  I don't think the Take 2 Execs are gonna come out of this looking very good at all.

gellar

I think the reason that Take 2 (publisher of the GTA series, Oblivion, Max Payne, and a number of other fantastic games) is even in this mess is because the executive branch of the company has a long-standing reputation of being ineffectual, borderline corrupt, clueless as how to manage the company, and taking absurd salaries and bonuses. The current CEO is a total sleazebag from the accounts I have been reading around the intarnets (MUST BE TRUE!!)
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« Reply #62 on: March 13, 2008, 04:53:08 PM »

Personally, I can't wait for GTA 2008, GTA 2009, GTA 2010, etc, once this happens. Either that or GTA: Livin' Large, GTA: Hot Date, GTA: Makin Magic and GTA: Vacation.

And there's nothing quite like buying out your competition when it comes to the 2K Sports series, either.

 retard crybaby

On the flip side, here's an interesting look at things (as T2 really is in an upper management mess right now).
« Last Edit: March 13, 2008, 06:06:51 PM by Destructor » Logged

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« Reply #63 on: March 28, 2008, 04:16:48 PM »

EA sets a new deadline for Take Two to decide.  I wonder if them releasing GTA IV early would have any effect on things.
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« Reply #64 on: March 28, 2008, 06:02:56 PM »

IMO, Take 2 is doing fine by their shareholders in asking for more money (or just refusing).  If they don't see that their company will gain anything by merging with EA, isn't that what they are there for?  To make those kind of calls?

GTA is not just a hot property, but a huge cash cow.  That alone is a huge value to Take Two, and adds a great deal of worth to them.  But a success like that doesn't even move the bar for EA, simply due to it's size.

And when you add in EA's history of destroying successful companies... I just can't see how accepting a merger would be anything except a chance to cash out.
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« Reply #65 on: March 28, 2008, 08:59:43 PM »

Quote from: unbreakable on March 28, 2008, 06:02:56 PM

IMO, Take 2 is doing fine by their shareholders in asking for more money (or just refusing).  If they don't see that their company will gain anything by merging with EA, isn't that what they are there for?  To make those kind of calls?

GTA is not just a hot property, but a huge cash cow.  That alone is a huge value to Take Two, and adds a great deal of worth to them.  But a success like that doesn't even move the bar for EA, simply due to it's size.

And when you add in EA's history of destroying successful companies... I just can't see how accepting a merger would be anything except a chance to cash out.

Because honestly, they can't stop it.  EA is in a much stronger position financially.  Take 2 management had the opportunity to negotiate a higher price.  Now EA is going to let the market dictate the price which I'm fairly certain will be right around the $26/share EA was offering (if not less).

An analyst's take, who I happen to agree with:  http://www.escapistmagazine.com/news/view/81731-Michael-Pachter-Says-Take-Two-Cant-Stop-Takeover

gellar
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