Take-Two Rejects EA's $2 Billion Offer

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Hydrolex

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#1 Hydrolex
Member since 2007 • 1648 Posts

http://ps3.ign.com/articles/854/854558p1.html

Yes BABIES ! yes BABIES !

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kirk4ever

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#2 kirk4ever
Member since 2005 • 3543 Posts
"faints"....
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Fuzzy-Warrior

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#3 Fuzzy-Warrior
Member since 2008 • 77 Posts
YAY
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majadamus

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#4 majadamus
Member since 2003 • 10292 Posts
I think I might hate EA more than M$.
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anshuk20002

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#5 anshuk20002
Member since 2004 • 3523 Posts
lol
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True-Legend86

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#6 True-Legend86
Member since 2007 • 1268 Posts
:shock:Whoouwwww, oh s***...that was close...EA the devil company trying to buy everything up. Silly EA, good games come not from you. :evil:
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tader-salad

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#7 tader-salad
Member since 2008 • 842 Posts
ahh, my fears of EA milking the GTA franchise until the cows teets go dry has been avoided.
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lawlessx

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#8 lawlessx
Member since 2004 • 48753 Posts

EA has been owned :lol:

for now...

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Meu2k7

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#9 Meu2k7
Member since 2007 • 11809 Posts

"
Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30."

it could still very likely happen, just not before GTA4.

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stika

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#10 stika
Member since 2005 • 2628 Posts
this reminds me did MS bought epic? or did epic refuse?
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Nick-JD

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#11 Nick-JD
Member since 2008 • 63 Posts

If EA buys Take 2, then Microsoft will buy EA for about 15 billion. It's pocket change to them.

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majadamus

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#12 majadamus
Member since 2003 • 10292 Posts

this reminds me did MS bought epic? or did epic refuse?stika

I think Epic refused. Saying something like, "We're not cheap."

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kirk4ever

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#13 kirk4ever
Member since 2005 • 3543 Posts

"
Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30."

it could still very likely happen, just not before GTA4.

Meu2k7

yeah take 2 said ea want gta4 monies but we wont give..

darn i think by the end of this year ea will have take 2

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horrowhip

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#14 horrowhip
Member since 2005 • 5002 Posts

notice how at the end Take 2 says that they will talk with EA after GTA IV releases...

I will bet that EA will buyout Take 2 then. Take 2 needs to accept this... Their company isn't exactly in perfect shape. For as many million sellers as they have, they have a really low stock value... This buyout would only benefit their stockholders. However, it would benefit their stockholders more AFTER GTA IV releases. This will still happen, just not now. Take 2 can't(and won't) turn down $2 billion when their company is only worth $1 billion...

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Hydrolex

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#15 Hydrolex
Member since 2007 • 1648 Posts

If EA buys Take 2, then Microsoft will buy EA for about 15 billion. It's pocket change to them.

Nick-JD

LOL !

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stika

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#16 stika
Member since 2005 • 2628 Posts

[QUOTE="stika"]this reminds me did MS bought epic? or did epic refuse?majadamus

I think Epic refused. Saying something like, "We're not cheap."

so gears 2 multiplat confirmed then?

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horrowhip

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#17 horrowhip
Member since 2005 • 5002 Posts
[QUOTE="majadamus"]

[QUOTE="stika"]this reminds me did MS bought epic? or did epic refuse?stika

I think Epic refused. Saying something like, "We're not cheap."

so gears 2 multiplat confirmed then?

no... MS still owns the publishing rights.

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Davidhye

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#18 Davidhye
Member since 2005 • 12018 Posts
thank god! i love Take-Two - screw EA!!!!!
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Miss_Wacy

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#19 Miss_Wacy
Member since 2007 • 1911 Posts
DENIED haha, and with good cause :D
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Wasdie

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#20 Wasdie  Moderator
Member since 2003 • 53622 Posts
Thank god.
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Nick-JD

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#21 Nick-JD
Member since 2008 • 63 Posts
[QUOTE="Nick-JD"]

If EA buys Take 2, then Microsoft will buy EA for about 15 billion. It's pocket change to them.

Hydrolex

LOL !

I know...but since the Yahoo deal fell through the've got all that moneyz to spend. Buy Take 2 or really go to town and snap up EA. MS have deep pockets.

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stika

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#22 stika
Member since 2005 • 2628 Posts
[QUOTE="stika"][QUOTE="majadamus"]

[QUOTE="stika"]this reminds me did MS bought epic? or did epic refuse?horrowhip

I think Epic refused. Saying something like, "We're not cheap."

so gears 2 multiplat confirmed then?

no... MS still owns the publishing rights.

so "console exclusive" then?

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lawlessx

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#23 lawlessx
Member since 2004 • 48753 Posts
[QUOTE="majadamus"]

[QUOTE="stika"]this reminds me did MS bought epic? or did epic refuse?stika

I think Epic refused. Saying something like, "We're not cheap."

so gears 2 multiplat confirmed then?

huh? microsoft still has a contract for the series

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lawlessx

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#24 lawlessx
Member since 2004 • 48753 Posts
[QUOTE="horrowhip"][QUOTE="stika"][QUOTE="majadamus"]

stika

so gears 2 multiplat confirmed then?

no... MS still owns the publishing rights.

so "console exclusive" then?

its not an console exclusive until Epic announce it for the PC.

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stika

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#25 stika
Member since 2005 • 2628 Posts
[QUOTE="stika"][QUOTE="majadamus"]

[QUOTE="stika"]this reminds me did MS bought epic? or did epic refuse?lawlessx

I think Epic refused. Saying something like, "We're not cheap."

so gears 2 multiplat confirmed then?

huh? microsoft still has a contract for the series

cool :)

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club-sandwich

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#26 club-sandwich
Member since 2007 • 8399 Posts

"
Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30."

it could still very likely happen, just not before GTA4.

Meu2k7
Indeed. And WTH was EA thinking when they offered 2 billions to T2? They are worth more than that.
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stika

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#27 stika
Member since 2005 • 2628 Posts

its not an console exclusive until Epic announce it for the PC.

lawlessx

ya... i wonder if microsoft will alow gears 2 to go the PC, im starting to think they are realizing that porting the 360 exclusives to the PC is not a very good idea

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Nick-JD

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#28 Nick-JD
Member since 2008 • 63 Posts
If MS wanted Take two or Epic they could buy them tomorrow. They offered 45 billion for Yahoo. People don't seem to realise just how much moneyz they have to splash around.
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NecroCharm

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#29 NecroCharm
Member since 2008 • 487 Posts

"
Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30."

it could still very likely happen, just not before GTA4.

Meu2k7

it will unless we raise a stink right now. We can unite and really take it to EA, they are rich because WE buy their games.

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CStheGreat

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#30 CStheGreat
Member since 2008 • 705 Posts
I fully agree with R*'s chairman, EA tried a very oppurtunistic approach to acquiring a big game company at a discount price. Obviously this move would benefit EA solely. It's strictly a business move, putting out an offer before a company is prepping for one of its biggest releases. I'm glad R* declined the offer.
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Meu2k7

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#31 Meu2k7
Member since 2007 • 11809 Posts
[QUOTE="Meu2k7"]

"
Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30."

it could still very likely happen, just not before GTA4.

NecroCharm

it will unless we raise a stink right now. We can unite and really take it to EA, they are rich because WE buy their games.

I WANT EA to buy them, I WANT LA NOIRE back on the PC, Adventure games wont sell on the PS3...

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PBSnipes

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#32 PBSnipes
Member since 2007 • 14621 Posts

If EA buys Take 2, then Microsoft will buy EA for about 15 billion. It's pocket change to them.

Nick-JD
EA is worth about $18-20 billion, and considering MS would have to pay a premium it would probably cost them $40+ billion. And there is no way MS is about to spend $40 billion on gaming. Not to mention the obvious anti-trust issues that would be raised.
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Hydrolex

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#33 Hydrolex
Member since 2007 • 1648 Posts
[QUOTE="Nick-JD"]

If EA buys Take 2, then Microsoft will buy EA for about 15 billion. It's pocket change to them.

PBSnipes

EA is worth about $18-20 billion, and considering MS would have to pay a premium it would probably cost them $40+ billion. And there is no way MS is about to spend $40 billion on gaming. Not to mention the obvious anti-trust issues that would be raised.

EA worth nothing ! They worth 18-20 BIL ? their games worth 10$

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CStheGreat

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#34 CStheGreat
Member since 2008 • 705 Posts
[QUOTE="NecroCharm"][QUOTE="Meu2k7"]

"
Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30."

it could still very likely happen, just not before GTA4.

Meu2k7

it will unless we raise a stink right now. We can unite and really take it to EA, they are rich because WE buy their games.

I WANT EA to buy them, I WANT LA NOIRE back on the PC, Adventure games wont sell on the PS3...



I think if anything, the fate of sales on the PC are the most uncertain.
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horrowhip

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#35 horrowhip
Member since 2005 • 5002 Posts
[QUOTE="Meu2k7"]

"
Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30."

it could still very likely happen, just not before GTA4.

club-sandwich

Indeed. And WTH was EA thinking when they offered 2 billions to T2? They are worth more than that.

due to mismanagement, Take 2 is really only worth like $1 billion... This is going by stock value of course. EA is significantly overpaying based on what Take 2's stock is worth. If it was $2.5 billion, it would be rediculously overpaying.

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Meu2k7

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#36 Meu2k7
Member since 2007 • 11809 Posts
[QUOTE="Meu2k7"][QUOTE="NecroCharm"][QUOTE="Meu2k7"]

"
Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30."

it could still very likely happen, just not before GTA4.

CStheGreat

it will unless we raise a stink right now. We can unite and really take it to EA, they are rich because WE buy their games.

I WANT EA to buy them, I WANT LA NOIRE back on the PC, Adventure games wont sell on the PS3...



I think if anything, the fate of sales on the PC are the most uncertain.

Consoles rely on marketing and popularity to sell, the Adventure genre doesnt have this.

There is alot of Adventure fan communities on the PC. ( I'm talking proper ADventures not Action ).

Especially the worst console of the 3 in popularity and sales.

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Rigga911

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#37 Rigga911
Member since 2008 • 2429 Posts
haha
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stereointegrity

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#38 stereointegrity
Member since 2007 • 12151 Posts
haha i knew it was because EA wanted the money that GTA was going to bring in
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bphan

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#39 bphan
Member since 2005 • 1666 Posts
Who cares about this? Seriously now. You guys have no control over any decisions with companies mergering or acquiring others.
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xsubtownerx

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#40 xsubtownerx
Member since 2007 • 10705 Posts

I think I might hate EA more than M$. majadamus

A PC gamer who hates MS makes me laugh. Good luck with all that hate, dude.

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leejohnson7

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#41 leejohnson7
Member since 2007 • 2909 Posts

ahh, my fears of EA milking the GTA franchise until the cows teets go dry has been avoided.tader-salad

Just cows? GTA is quite a "hardcore" *spits on floor* game you know? Appeals to all audiences minus younger people.

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xsubtownerx

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#42 xsubtownerx
Member since 2007 • 10705 Posts

[QUOTE="tader-salad"]ahh, my fears of EA milking the GTA franchise until the cows teets go dry has been avoided.leejohnson7

Just cows? GTA is quite a "hardcore" *spits on floor* game you know? Appeals to all audiences minus younger people.

Only the younger people play that game. What are you talking about?

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club-sandwich

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#43 club-sandwich
Member since 2007 • 8399 Posts
[QUOTE="club-sandwich"][QUOTE="Meu2k7"]

"
Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30."

it could still very likely happen, just not before GTA4.

horrowhip

Indeed. And WTH was EA thinking when they offered 2 billions to T2? They are worth more than that.

due to mismanagement, Take 2 is really only worth like $1 billion... This is going by stock value of course. EA is significantly overpaying based on what Take 2's stock is worth. If it was $2.5 billion, it would be rediculously overpaying.

Going by stock value, I agree that they're overpaying them but if we go by the value of the developers they own and the quality of these, I think they deserve more than 2 billions.
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leejohnson7

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#44 leejohnson7
Member since 2007 • 2909 Posts
[QUOTE="leejohnson7"]

[QUOTE="tader-salad"]ahh, my fears of EA milking the GTA franchise until the cows teets go dry has been avoided.xsubtownerx

Just cows? GTA is quite a "hardcore" *spits on floor* game you know? Appeals to all audiences minus younger people.

Only the younger people play that game. What are you talking about?

BS.

Younger people may play it, but younger people could never fully apreciate a game like GTA. And I am sure everybody just shoots hookers when they do play it right?

GTA is just one of those games which can please both gaming audiences and multiple demographics. I remember the time when Vice City came out... Teachers where actually playing those games, although that was a long time ago.

If elitests just came down from their high horses it would get the credit it deserves.

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deactivated-57af49c27f4e8

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#45 deactivated-57af49c27f4e8
Member since 2005 • 14149 Posts
good for them. i fear what will happen when EA buys out everyone. they suck too much to make their own games so they try to buy out devs for the latest GOTY
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kryloc

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#46 kryloc
Member since 2003 • 2283 Posts
Hopefully this continues to fail. Otherwise all competition in the sports genre will be extinguished. Sure you might get some blending of the two series, but ultimately will be left with one choice. Madden 2k9 anyone?
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Darth_Stalin

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#47 Darth_Stalin
Member since 2005 • 8681 Posts

ahh, my fears of EA milking the GTA franchise until the cows teets go dry has been avoided.tader-salad

GTA 2009: John Madden's Heist!!!

There will be a GTA every year :lol:

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Darth_Stalin

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#48 Darth_Stalin
Member since 2005 • 8681 Posts

Who will they buy next......isn't Bioware enough???

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I_Helios_I

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#49 I_Helios_I
Member since 2007 • 1220 Posts

This makes me proud to be a gamer, no matter what we all disagree on in System Wars we all come to the common agreemant that EA sucks ass.

I HATE EA!!!! lol

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chrisoff_1

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#50 chrisoff_1
Member since 2003 • 4138 Posts
good GTA remains safe