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Entries tagged "EA"'No plans to acquire EA,' says MicrosoftWill Electronic Arts go from the hunter to the hunted? Hard to answer, but at least one far-fetched acquirer has emphatically taken itself out of the game, Microsoft. WebTV founder tackles gamesDespite the media's instant praise for OnLive's new streaming game delivery technology, gamers remain skeptical over the technology and founder Steve Perlman's prior promises. EA chief: Downturn clears away 'junk'John Riccitiello said the current downturn is a blessing in disguise that will help clear away the video game "junk" that fills retail shelves. Take-Two Interactive tries to dodge the FTCTake-Two Interactive Software Inc. is not only fighting a hostile bid from Electronic Arts Inc. but is also fending off an antitrust investigation from the Federal Trade Commission that was launched as a result of the prospective takeover. ... Deal Stocks barely budge on deal newsThe somewhat tepid mood of the broader markets on Monday seemed to be contagious as a handful of stocks involved in pending deals barely moved despite positive deal news. The Dow Jones Industrial Average on Monday climbed 41.36 points to close at 13,028.16.... EA takes three for Take-TwoVideo game publisher Electronic Arts Inc. is once again extending the deadline on its $2 billion tender offer for smaller rival Take-Two Interactive Software Inc. another month, but it hasn't raised its offer, making the deal unlikely to be consummated. ... Lazard analyst: Expect EA news soonWith the expiration date hanging over Electronic Arts Inc.' $2 billion unsolicited bid for Take-Two Interactive Software Inc., an analyst note from Lazard Capital Markets' Colin Sebastian has video game bloggers speculating about the prospects of the offer. ... Blockbuster, EA and Microsoft battle for consumer's entertainment dollarWith the economy tightening, the fight for America's entertainment dollar has escalated to an all-out war. Companies such as Blockbuster Inc.[BBI], Electronic Arts Inc. [EA] and Microsoft Corp. [MSFT] are looking for deals that obviously would add to their bottom lines or potentially would expand their respective businesses into new sectors that they originally did not compete in. Let's take a look at how those stocks are doing Tuesday amidst current developments that have cropped in their current M&A pursuits and the backdrop of the overall markets. The Dow backpedaled 41.52, or .34%, to 12,828.11, while, the Nasdaq slipped 10.52,... SCi receives bid, borrows from Take-Two's play bookWhen Electronic Arts Inc.'s made an unsolicited bid for Take-Two Interactive Software Inc., speculation about the next video game deal ran rampant in the press. Well, it seems U.K.-listed video game company SCi Entertainment Group plc, best known for its "Tomb Raider" games, said it had received an offer, but rejected it.... Take-Two's troubles mountIn a move that should shock no one following Take-Two Interactive Software Inc., the New York video game publisher, which is facing an unsolicited $1.9 billion bid from industry giant Electronic Arts Inc., was slapped with a lawsuit over its executive compensation package. The news of the suit follows shareholder defections, a move that may be both beneficial and troublesome for the company -- but more on that later. ... Who are those possible Take-Two bidders anyway?Earlier, Dealscape filed a summation of Take-Two Interactive Software Inc.'s SEC filing divulging the possibility of competing bids, but there was nary a name identifying who might try to challenge Electronic Arts Inc.'s $2 billion bid. Dealscape trolled through video game sites and blogs to handicap the possible bidders.... Take-Two: Others interested in biddingApparently other bidders are interested in video gaming company Take-Two Interactive Software Inc. In a proxy filing with the Securities and Exchange Commission Thursday, the maker of the "Grand Theft Auto" video game series said that other companies are interested in buying it, but Take-Two has not received any formal offers and is not negotiating a merger with anyone. The company rebuffed a $2 billion buyout offer earlier this week from Redwood City, Calif.-based Electronic Arts Inc.... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "EA." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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