Digital Illusions Won't sell to EA
KBV writes "Games Industry.biz reports that EA won't be able to buy Digital Illusions, the makers of Battlefield 1942. The reason is that 28% of the shareholders do not want to make DICE a part of EA, saying that they believe that the developer's performance and future prospects are strong enough to make remaining independent a more attractive option. In particular they cite the planned launch of Battlefield 2 on the PC and Battlefield: Modern Combat on current and next-gen consoles next year."
However, two groups of shareholders have announced their opposition to the deal, and between them they represent around 28 per cent of the firm's stock - enough to prevent the acquisition from happening
I wonder if that 28 percent is employee-owned stock, and they're taking into consideration the recent EA/Employee scandals.
I don't know about that, the previous owners (the Bonnier media group) voted yes to sell, and so did employees with a large number of shares. The share holders that vote no to sell simply want more money because they feel shortchanged by the suggested price. (in Swedish: di.se)