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Electronic Arts Offers $2B For Take Two

Posted by kdawson on from the something-in-the-air dept.

quanticle writes "The New York Times is reporting that EA has offered $2B for Take Two Entertainment. The effort appears to be a move to consolidate the two companies before Take Two releases the next iteration of its blockbuster franchise, Grand Theft Auto 4. Take Two has politely declined the offer."

11 of 173 comments (clear)

  1. Oh God no.... by Daimanta · · Score: 5, Insightful

    Please don't let EA screw up another good game studio.

    --
    Knowledge is power. Knowledge shared is power lost.
    1. Re:Oh God no.... by Thane2600 · · Score: 5, Insightful

      Word!!! Westwood studios being the prime example of a game studio run into the ground. And Battlefield 2 is like a supermodel dressed in a paper bag. I just love the ten minutes it takes to get into a BF2 server.

    2. Re:Oh God no.... by numbski · · Score: 5, Insightful

      Everyone's focused on GTA. How is everyone overlooking the fact that TT owns Visual Concepts - ie, the 2K Sports franchises? They would eliminate the only real competition they have in that arena, and Madden will continue to be the "best" football game out there.

      (ie, the only football game out there)

      --

      Karma: Chameleon (mostly due to the fact that you come and go).

    3. Re:Oh God no.... by PocketPick · · Score: 5, Insightful

      Given the fact that in the last few months Take Two has been investigated by the SEC, ousted most of it's executives, laid off some of it's staff and has a stock value that is still 1/2 what it was in 2005, I don't think they need EA to screw themselves up.

  2. and of course, by notgm · · Score: 5, Funny

    in response to the offer, take two has blown up several cars outside EA's offices and triggered a turf war.

  3. In Related News by garett_spencley · · Score: 5, Funny

    Many Take Two shareholders are suing the company for acting outside of the best interest of it's share holders. Other shareholders have resorted to robbing Take Two employees' cars and using them to pick up hookers before taking their money and "disposing" of them.

  4. Aw... by Orleron · · Score: 5, Funny

    ...and I was almost so psyched about getting to play a MMORPG where you can grind skills like "Steal Cars", "Shotgun", and "Pimp Ho's".

  5. Better headline by Pennidren · · Score: 5, Funny

    Take Two declines to Take Two Billion

  6. Re:I guess EA will get frustrated... by CSMatt · · Score: 5, Funny

    At which point Jack Thompson will cry out "I told you so!"

  7. get ready for ... by cab15625 · · Score: 5, Insightful
    GTA 5: Drivers Ed!

    GTA 6: Parental Approval!

    GTA 7: Sunday Driver!

    GTA 8: Horse and Buggy!

  8. You say that, but... by Dutch+Gun · · Score: 5, Insightful

    don't we all want more sequels after a sequel to a sequel which used to be an original game 10 years ago The simple fact of the matter is, that's what consumers seem to actually want. Look at the most anticipated games of 2008 (according to some writer at Yahoo, that is):

    http://videogames.yahoo.com/feature/10-most-anticipated-games-of-2008/1177969

    Grand Theft Auto 4
    Smash Bros. Brawl
    Gran Turismo 5 Prologue
    Metal Gear Solid 4
    Halo Wars
    Star Wars: The Force Unleashed
    Fallout 3
    Spore
    World of Warcraft: Wrath of the Lich King
    Final Fantasy XIII

    Of that list, I see only one title based on a 100% new intellectual property: Spore. One guess who is publishing that title...

    Irony?

    --
    Irony: Agile development has too much intertia to be abandoned now.