-Hottest News
-Xbox 360
-Xbox
-Playstation 2
-Playstation 3
-PC
-PSP
-Gamecube
-Gameboy / DS
-Software
-Nintendo Wii
-Dreamcast
-Neo-Geo
-N-Gage
-Mobile
-Misc
-Film & Media
-Web
-Industry
-Game Media
-Event
-Arcade
-Xbox 360
-Xbox
-Playstation 2
-Playstation 3
-PC
-PSP
-Gamecube
-Gameboy / DS
-Software
-Nintendo Wii
-Dreamcast
-Neo-Geo
-N-Gage
-Mobile
-Misc
-Film & Media
-Web
-Industry
-Game Media
-Event
-Arcade
EA Extends Take 2 Buyout Deadline Despite T2's Public Spurn > |
2008/03/28 9:53:32: Posted by DM | |
Despite Take Two's official rejection of EA's buyout offer, EA has graciously extended their offer timeline for another week. EA has also accused Take Two of creating a "poison plll," a term used to describe a company's actions to disrupt a hostile takeover. Apparently Take Two has called for the establishment of a Stockholders Rights Amendment, which would help to stop EA in its tracks. EA has now added a condition to their offer which would invalidate the rights amendment should EA acquire T2, and EA has also extended their deadline on the offer until April 11th, 2008, 11:59PM EDT. EA sounds serious here, we could be witnessing a hostile takeover, folks.
|
|
Recent Articles
|
09/05 (31 Total) |
|
09/05 (37 Total) |
|
09/05 (8 Total) |
|
09/05 (9 Total) |
|
09/05 (9 Total) |
|
09/05 (18 Total) |
|
09/05 (18 Total) |
|
09/05 (61 Total) |
|
09/05 (12 Total) |
|
09/05 (12 Total) |