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EA Takeover Moves and Countermoves
Details have emerged regarding several EA takeover related stories. The long running dispute with Digital Illusions may be coming to an end as EA has waived the requirement to own majority shares in the company. They still plan to purchase as many shares of the company as possible. Ubisoft announced that they have a defense planned against a hostile takeover bid from EA, should it arise. No mention of what this plan is, of course. In reaction to the recent press coverage of their move to purchase Ubi stock, EA has announced that their purchase was not hostile, and that they'd spoken often with Ubi representatives. From the article: "Florin reiterated that Electronic Arts was not asking for a seat on Ubisoft's board. 'We had the opportunity to buy a 20 percent stake in Ubisoft and we haven't asked for anything... That's not hostile. In our industry, one doesn't make hostile moves because our value lies with people,' he added."
Ah, give them a break, it is not like they are trying to sell a $10,000 USD toaster.
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It's simple economics. The more people EA acquires, the more soylent green they can produce.
" In our industry, one doesn't make hostile moves with a gun because our value lies with beating people."
all ea games are repetitive to me...anyone else agree ?
I own Fifa 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005, you insensitive clod!
They aren't called the Evil Alliance for nothing.,,
"You must have Administrator rights in order to buy shares in this company."
If production is high and wages are low, then isn't that value? :)
500GB of disk, 5TB of transfer, $5.95/mo
For basically no cost to EA (they have tons of cash in the bank anyway) they managed to make Ubi (a competitor) hold several emergency board meetings and probably tied up all of senior management for several weeks. Instead of concentrating on making their products, they have to respond to press and government inquiries and come up with a defense strategy.
In my experience, senior management getting tied up for several weeks is usually a good thing when it comes to concentrating on making your products...
Of course they lie with people. They can't use computers to lie, nobody's come up with software to emulate a P.R. department yet.
Yeah, it went downhill since Jesus bit the dust. FIFA 25 A.D. was where it was at!
It would be cool if it didn't suck.