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EA to take over Take Two...?

  • Furyo
  • February 24, 2008 at 10:35 PM
  • Furyo
    • February 24, 2008 at 10:35 PM
    • #1

    http://www.gamespot.com/news/6186637.ht ... op;title;1

    Sounds like a matter of when rather than if at this point. Take Two execs may say no, I'm not sure the shareholders won't say yes.

    Of course GTA IV added in the balance will be an interesting thing to see. Can one game really make a difference on this scale?

  • FrieChamp
    • February 25, 2008 at 12:13 AM
    • #2

    It can surely put a higher price tag on the company, as the take 2 chairman says himself (in regards to not entering any acquisition talks before april 29th/the gta4 release):

    Quote

    "We believe this offer demonstrated our commitment to pursuing all avenues to maximize stockholder value, while we believe that EA's refusal to entertain this path is evidence of their desire to acquire Take-Two at a significant discount, whereas we believe this value rightly belongs to our stockholders."

    All this acquisitioning and merging is getting worrysome...

  • Algor
    • February 25, 2008 at 12:15 AM
    • #3

    No, you can't buy us out... not until GTA4 ships... and not until you triple your offer.... then yeah. Deal.

    Stay independent, and most of all, stay classy, San Diego.

  • Mazy
    • February 25, 2008 at 6:24 AM
    • #4

    Can't blame EA for trying, but I seriously doubt that Take 2's shareholders have so little grasp on the situation at this time that they'd sell to EA. Still tho, seems like things are pretty shakey inside Take 2, and have been for ages. Probably wouldn't be a bad idea for stability's sake to have EA take charge of em.

  • Seldoon182
    • February 25, 2008 at 7:24 AM
    • #5

    OPA to 64% ! Woah !EA will be the third editor of Duke Nukem Forever !

  • -HP-
    • February 25, 2008 at 10:17 AM
    • #6

    EA wan'ts to buy the whoooole game industry!

  • Izuno
    • February 25, 2008 at 5:33 PM
    • #7

    Maybe EA will buy Mapcore and put ads everywhere???

  • Quakis
    • February 25, 2008 at 9:10 PM
    • #8
    Quote from Seldoon182

    OPA to 64% ! Woah !EA will be the third editor of Duke Nukem Forever !

    Don't know if you're serious or not, but either way. Even if EA did buy out Take Two, they will have nothing over DNF. Ever. And niether does Take Two. This matter has been cleared up over at the 3DR thread here.

  • JohnC
    • February 26, 2008 at 2:15 AM
    • #9

    As discovered on the 3D Realms boards.....

    http://www.eatake2.com/index.htm

    I don't like what he says either. He conveniently ignores Take 2's big upcoming releases and just claims to be riding into the fray in the nick of time to save them.

  • General Vivi
    • February 26, 2008 at 5:35 PM
    • #10

    they are just scared cause we merged with blizzard .......... GO Activition Blizzard!!!

  • Patrick_H
    • February 26, 2008 at 5:40 PM
    • #11

    It doesn't matter who's doing it, any move towards monopoly is a bad thing.

  • JohnC
    • February 27, 2008 at 6:01 PM
    • #12

    Apparently, the "hostile takeover" strategy is still in the maybe pile:

    http://%7boption%7d

    Then again, this is coming from the New York Post...

  • zaphod
    • February 28, 2008 at 1:15 AM
    • #13

    wouldn't EA own every major sports license if they bought take two?

  • JohnC
    • February 28, 2008 at 2:00 AM
    • #14

    I think so. Building a sports monopoly was another thing they denied in their release on eatake2.com. I thought THQ had a couple sports franchises, the Motocross games being all I can think of.

  • zaphod
    • February 28, 2008 at 4:03 AM
    • #15

    I think they have baseball too

  • Izuno
    • February 29, 2008 at 5:49 PM
    • #16

    I don't think Take2 can stop them in the long run. The two things that I think are the biggest issues are (1) can EA keep the same team together doing the GTA games? That's where most of the value in Take2 is. Of couse Take 2 did Bioshock and Bully, but the main reason you'd buy Take2 is to get the GTA franchise. Even though I'm not the world's biggest GTA fan you can't deny the business value of the franchise and the value that so many gamers have placed in it. I'm worried that EA might actually not hold onto all the talent that goes into the franchise. In fact some people think that EA wants GTA to "run it's course" and have the industry move on from it which sounds absurd but I think EA has it's reasons. It would mean a shakeup in the Action/Driving Hybrid/Sandbox genre, which can be viewed both good and bad. IW created Call of Duty after the core team left EA's MoH franchise...and CoD went on to OWN WWII shooters. After EA got a hold of Harmonix to make Rock Band, AciviBlizzionard created GH III anyway and they did A-OK with that. So we don't know exactly what will happen with GTA in a EA take over of Take2 other than that it will create a real oppening in sandbox gaming that one way or another EA will attempt to cash in...on. (2) ....EA would indeed consolidate their lock on Sports brands even more....scary. That is "backhand" value in such a deal...eliminate the competition for EA's annual franchises. Given the hundreds of millions of retail revenues for major sports tiltes each year, that is massive cash cow EA could consolidate that is probably more valuable that GTA and Bioshock and everything else Take2 has put together.

    I think Take2 has this coming. They have had managment challenges for years now, going back to before GTA3 and they continue. There is something in the Take2 culture that keeps them having problems with profitability and internal stability, despite having one of the biggest and most successful franchises in gaming. In the end it's about money and the Take2 shareholders will make the call to accept EA's bid or not. EA is probably going to give the shareholders much more value than Take2 can in the foreseeable future.

  • Izuno
    • March 6, 2008 at 7:12 PM
    • #17

    Even betterer now thanks to Jack Thomspon expressing interest to be involved:

    http://www.gamedaily.com/articles/news/ ... out/?biz=1

  • BaRRaKID
    • March 7, 2008 at 11:31 AM
    • #18
    Quote

    Mr. Thompson,We have received your letter to EA's shareholder site. In response to your offer to assist in the proposed acquisition of Take-Two, we would strongly prefer that you not get involved in this matter. EA is a strong supporter of creative freedom for game developers. We feel that your past statements – including false claims about content in our games – make any collaboration with you impossible.

    Ouch....!

  • dux
    • March 7, 2008 at 11:49 AM
    • #19

    Dickhead.

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