Slashdot Mirror
EA Abandons Efforts To Take Over Take-Two
Erik J writes "Electronic Arts has abandoned plans to absorb Grand Theft Auto IV publisher Take-Two Interactive, the company announced earlier today. Following over half a year of hostile buyout offers by EA, the pair went into talks under a confidentiality agreement in late August. From the official announcement: 'EA continues to have a high regard for Take-Two's creative teams and products, [but] after careful consideration, including a management presentation and review of other due diligence materials provided by Take-Two Interactive Software Inc., EA has decided not to make a proposal to acquire Take-Two and has terminated discussions with Take-Two.' The announcement caused Take-Two's stock to drop by 30%, and analysts expect a bidding war to ensue for employment of the GTA creators."
I think he was expressing an emotion that often is characterized by people saying "Thank the lord" but was, uh, oddly religious? I don't think anyone is actually honestly pastafarian, and I don't care if that offends anyone.
I think he was hoping to provoke angry outbursts from the same socially conservative christians who got upset about walmart saying "happy holidays" maybe. A noble goal, but of course few of them browse on slashdot, and couldn't figure out how to respond (assuming they can read), so it's not very effective.
So you're not going to buy it, who gives a fuck what you think?