I've had issues with EA ever since Black and White released. Occasionally I still grumble about what a pain it was just trying to get the fucking game to start up. You get em, Take Two!
Well I'm sure there's paperwork with the SEC and such but that's about it. It's not like this is a vital segment of the economy where the government is worried about monopolies and will bring up antitrust type issues.
QFT. Not every tender offer or merger has to be approved by the government. It's ultimately just getting enough shareholders of voting-class stock to approve the deal. It doesn't even have to happen at the annual stockholder's meeting if a special meeting is called by the BoD and enough proxy rights are held or if a block of stock holds it's voting rights in trust.
If I were a take two investor I'd be *really* pissed off right now.
TWO BILLION DOLLARS.
Srsly.
"People will not assume that what they read on the internet is trustworthy or that it carries any particular assurance or accuracy" - Lord Leveson "Hyperbole is a cancer" - Lakov Sanite
If I were a take two investor I'd be *really* pissed off right now.
TWO BILLION DOLLARS.
Srsly.
Yep. I'd clean house on the entire upper management of Take Two if I was sitting on that board. As a gamer I'm glad the deal didn't go through. If I were a shareholder I'd be demanding that some heads roll.