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View Full Version : EA stepping up the pressure


jakncoke
05-09-2008, 08:41 PM
SEC filings have revealed that Electronic Arts borrowed $1 billion from Morgan Stanley and other lenders to help finance a possible acquisition of Take-Two.

"There's no news here," said EA VP of communications Jeff Brown. "This is just a process point on something we announced in February."

With $2.3 billion on hand in cash, cash equivalents and short-term investments, EA already has the funds available to do the deal as it currently stands. With the deal not contingent on financing, why borrow more money?

"It helps us maintain maximum flexibility for any opportunities," said Brown.

Take-Two had no comment as of press time.


Ea Bid For Take Two: EA Takes Out $1 Billion Loan For Take-Two Acquisition (http://kotaku.com/389174/ea-takes-ou...wo-acquisition)

Nooooo.gif

Seriously I do not want EA apart of GTA... can you imagine a yearly GTA till the end of time..they'd kill the franchise
Samus-Fan
05-09-2008, 09:55 PM
Oh god.

Oh GOD.

Don't let EA take over GTA!!! I don't want GTA XVVIII: Underwater!
Kujo
05-10-2008, 11:18 PM
Oh god.

I don't want GTA XVVIII: Underwater!

Ahahahaha!! I'm sorry... but that made me laugh soo hard and I dont know why. but yea... FOOK EA!! They want to monopolize the gaming industry.
Jjjet1
05-10-2008, 11:52 PM
i really don't mind. gta was getting a bit boring after vice city if you tell me. just the same old stuff.
rukisuto
05-11-2008, 08:03 AM
Can EA just stay out of other people's business?
They can't stand it when people are making so much money, sheesh.
blaze4556
05-11-2008, 08:48 AM
i wonder what company they'll try to buy next :mask:
jakncoke
05-11-2008, 12:12 PM
i really don't mind. gta was getting a bit boring after vice city if you tell me. just the same old stuff.

San Andreas and 4 are so much better than Vice City..imo SA n 4 are top in the franchise


i wonder what company they'll try to buy next :mask:

perhaps Codemasters.
blaze4556
05-11-2008, 01:07 PM
im bet EA will buy activision cos they made call of duty 4
jakncoke
05-11-2008, 01:44 PM
im bet EA will buy activision cos they made call of duty 4
not enough money. activision also wouldn't sell out cause I'm pretty sure I read somewhere they are either really close passing EA or did already as the largest 3rd party..perhaps a merge but that is doubtful.
Jjjet1
05-14-2008, 11:58 PM
i'm pretty sure they're just doing it for the money. the people running it now will probably still be running it but they just won't be working for the same owner. the owner shoudl have been smart enough to keep 51% of the shares to themselves.
Kujo
05-15-2008, 12:23 AM
Seriously... I think the CEOs of EA are just complete scum. Like I said earlier, they want to do to the gaming industry what Vince McMahan did to Sports Entertainment (wrestling). I think its dispicable IMHO.
jakncoke
05-15-2008, 01:03 AM
Monday could turn interesting as there's suppose to be an announcement regarding EA/T2...I see them upping the offer..I can't see T2 accepting this early after the release of GTA4. Something that would also suck is if EA released a console after this deal...think of how many games would be exclusive..it'd suck so bad cause I wouldn't want another console on the market and end up losing so many of the franchises I like.