Time Warner buys extra 10 million shares in Eidos
According to this Reuters report, Time Warner’s extended its share in Eidos to 20 percent. The firm bought 10 million shares in the UK publisher to increase its stake. Time Warner bought the shares on...
View ArticleGameFly buys Shacknews
US site Shacknews has been bought by GameFly, as confirmed here. Fileshack’s gone with it. The outlet was formed in 1995. No financials terms were disclosed. “GameFly has demonstrated a true...
View ArticleFree Rad man: Crytek buy is a “really, really good thing”
Former Haze creative lead Derek Littlewood has told VG247 this morning that a now-confirmed sale of Free Radical to Crytek has brought “relief” to the UK firm. “It’s clearly a really, really good...
View ArticleSquare bids £84.3 million for Eidos
Square Enix has made official an £84.3 million bid for Eidos. The Eidos board has agreed to recommend the offer to shareholders, which is worth 32 pence per share. The price represents a premium of...
View ArticleReport: Namco moves to buy D3
Namco has reached agreements to acquire 70 percent of D3′s shares, according to this Andriasang report. The news apparently comes from a press release. Namco hopes to acquire the full 100 percent of...
View ArticleEidos shares jump with news of Square Enix bid
News of a Square Enix bid for Eidos has resulted in a major share boost for the Hitman-maker. Eidos’s stock leapt over 117 percent today, with over 5 million shares being traded in the UK market’s...
View ArticleWarner backs Square bid on Eidos
Warner Bros has lent its support to a Square Enix bid for Eidos, saying it’ll add its 20 percent holding in the firm to a take-over. Over 36 percent of outstanding shares have now been placed on...
View ArticleReport: Square and Eidos agree buyout terms
MCV’s reporting that Square and Eidos have agreed buyout terms. Finalization on the deal is expected by May. Square was unavailable for comment at the time of writing. Following this, trading of Eidos...
View ArticleNamco buys out 95% of D3Publisher
Namco Bandai owns 95 percent of D3Publisher as of this morning. The company purchased 19,990 shares today, costing 62,000 yen ($628) and putting a value on the buyout at 1,239,380,000 yen ($12.55...
View ArticleTake-Two settles shareholder lawsuit over EA bid refusal
Take-Two has settled a shareholder lawsuit over turning down EA’s offer to buy a controlling stake in the company. Filed by Prickett, Jones & Elliott for shareholder Patrick Solomon during March...
View ArticleFresh Take-Two buyout rumours boost share price
Take-Two shares are way up today, having enjoyed an 11.9 percent rise to $9.40 this morning. They also rose more than 5 percent last Thursday. Why? FlyOnTheWall‘s claiming there’s “renewed buyout...
View ArticleReport: Apple eyeing EA buyout
A round-up on The Street’s claimed that Apple may be looking to buy EA. “Adami noted that there is chatter that Apple (AAPL Quote) is eyeing Electronic Arts(ERTS Quote) as a takeover target,” said...
View ArticleApple-EA buyout rumour beyond “idiotic,” says Pachter
Wedbush Morgan’s Michael Pachter doesn’t think Apple’s buying EA, as rumoured this morning. “To say that it is idiotic would be an insult to all idiots,” the analyst told VG247 today. The Street’s...
View ArticleRumour: Warner closing on Codemasters buyout
“Just shut up.” [inaudible, breaking glass] “You’re late.” “Whatever.” “Are you drunk?” “Yes. I don’t like you very much. It’s easier like this.” “Get the fuck on with it.” [sounds like clattering...
View ArticleRomero brands Zenimax id buy as “disgusting”
Ex-id, ex-ION Storm “legend” John Romero clearly isn’t a fan of Zenimax buying id Software. On hearing the news, Romero tweeted, “ZENIMAX??????? Disgusting.” Good gravy. There was more. Big John went...
View Articleid-Zenimax discussions started a year ago
Zenimax first started talking to id about the possibility of buying the firm about a year ago, ZeniMax CEO Robert Altman has told Joystiq. “I had my first meeting with Todd Hollenshead at E3 a year...
View ArticleZenimax borrowed $105 million to buy id
ZeniMax raised $105 million in convertible debt and promissory notes in order to buy, id Software, VentureBeat reports. The figure comes from an SEC filing – financials figures weren’t disclosed when...
View ArticleEA looking for smaller acquisitions after Take-Two failure
EA CFO Eric Brown has said EA is now in the market for smaller buys, speaking at the Pacific Crest Technology Leadership Forum in Vail, Colorado, this week. Talking of EA’s failed attempt to buy...
View ArticleDisney acquires Marvel in $4 billion deal
Holy shit. Disney’s announced it’s acquiring Marvel for around $4 billion. That’s roughly $50 per Marvel share, a 30 percent premium to Marvel’s current share price. “This transaction combines...
View ArticleAnalyst: “Major media company” preparing THQ bid
THQ’s shares rose 13 percent yesterday on rumour that a “major media company” is preparing a bid for the publisher. MKM Partners analyst Eric Handler started the chatter, according to this Forbes...
View ArticleMicrosoft: “We have no plans to acquire EA”
Microsoft’s issued a flat-out denial that it’s in the frame for an EA buy. “We have no plans to acquire EA,” a spokesperson told Marketwatch last night. “Unsubstantiated” rumors popped up regarding a...
View ArticleIGN buys WhatTheyPlay.com
IGN’s bought WhatTheyPlay.com, as you can see here. “As videogames become a mainstream form of entertainment, offering insight about game content that helps parents make informed decisions about what...
View ArticleUbi buys Trackmania developer, Nadeo
Trackmania developer Nadia’s sold out to Ubi, it’s been confirmed today. Did you know Trackmania’s played by 700,000 people a month? Well, it is. “The acquisition of Nadeo is an important step in our...
View ArticleRumor: Bethesda to purchase Valve?
Bethesda? Valve? Is there something going on between you two? Because we read this editorial by Eurogamer, and well, just look: “However, it’s also worth watching closely what happens to Steam in the...
View ArticleBatman bought: Warner acquires Rocksteady
Warner just announced it’s acquired a majority shareholding in Batman: Arkham Asylum developer Rocksteady. Rocksteady, currently working on an Arkham Asylum sequel for Warner, is understandably happy...
View ArticleViacom confirms sale of struggling Harmonix
Viacom has confirmed it’s to sell Rock Band studio Harmonix, the AP reports. There’s very little detail on the move, other than the sale has helped Viacom to beat analysts’ expectations in the quarter...
View ArticleDrake: Harmonix sale won’t affect games, “several buyers” being courted
Harmonix PR John Drake has assured that Viacom’s just-announced sale of the firm won’t impact support of its current properties. “This morning’s announcement does not affect the ongoing work at the...
View ArticleHarmonix completes MBO, goes indie
Harmonix has confirmed that it’s bought itself from Viacom, and will now operate independently. Speaking on the developer’s forum, PR John Drake said, “We’re happy to confirm the news today that the...
View ArticleRumor: Activision looking to buy Take-Two [Updated]
Update: An Activision rep, unsurprisingly, replied to us with a quick, no frills “Activision doesn’t comment on industry rumor and speculation.” As always, we’ll fall back on an old cliche: that’s not...
View ArticleTake Two COO: “We’re a great investment,” but still opting to remain independent
Stroking the flames of fire a bit, Take Two COO Karl Slatoff has said the company is a “very attractive” target for a buyout due to the company’s arsenal of IP. “I would agree with the analysts that...
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