1. We have added a Gift Upgrades feature that allows you to gift an account upgrade to another member, just in time for the holiday season. You can see the gift option when going to the Account Upgrades screen, or on any user profile screen.
    Dismiss Notice

Take Two for sale?

Discussion in 'News Updates' started by Thunderfall, Mar 19, 2007.

  1. Thunderfall

    Thunderfall Administrator Administrator Moderator

    Joined:
    Oct 25, 2000
    Messages:
    12,243
    Gender:
    Male
    Facing shareholder revolt, Take Two Interactive today announced it has postponed its annual shareholder meeting scheduled for March 23, 2007 until March 29, 2007, and that it's considering new corporate strategies, including the sale of the company.

    According to a column on CNN Money, potential buyers may include Activision, Ubisoft, Elevation Partners (venture capital group who owns Bioware and Pandemic), and Rupert Murdoch's News Corp.

    Shares of Take-Two (TTWO) rose more than 8% to $22.61 from its Friday close at $20.85 following the company's announcement.
     
  2. Tavenier

    Tavenier King

    Joined:
    Aug 1, 2003
    Messages:
    822
    Location:
    Netherlands
    5.000 Euro...
     
  3. Red Door

    Red Door Man of Mayhem

    Joined:
    May 29, 2005
    Messages:
    12,665
    Location:
    USA #1
    I really, really hope it doesn't get bought by News Corp.
     
  4. pa2k

    pa2k Chieftain

    Joined:
    Jan 30, 2006
    Messages:
    69
    Hehe.. Rupert Murdocks Civilization V - Fair and balanced :crazyeye:
     
  5. GarretSidzaka

    GarretSidzaka Deity

    Joined:
    Dec 17, 2002
    Messages:
    4,696
    Location:
    Arizona
    this sucks! i wonder where firaxis will end up?

    edit: take two has sure had some crappy luck lately :(
     
  6. SwordofStriker

    SwordofStriker Prince

    Joined:
    Dec 11, 2006
    Messages:
    584
    Location:
    Texas
    Heh.....

    We should all buy a couple shares of Take Two Interactive. Then we could demand the features we want in the game as we would be owners. :p

    That's how you deal with customer service people who don't want to be helpful. It's amazing how helpful they get when you tell them you are an owner and if they don't fix whatever is wrong you will speak at the share holders meeting about it. Stock prices always seem to work well as leverage.

    More on topic though, hopefully Take Two Interactive can get past this and the big-wigs will stop breaking the law.
     
  7. juggerxnaut

    juggerxnaut Chieftain

    Joined:
    Mar 10, 2006
    Messages:
    38
    being taken by any company except for EA is ok ,ithink.
    i just dont like the idea of getting crazy number of civ spinoff as EA does with SIM.:p
     
  8. NHJ BV

    NHJ BV El Presidente

    Joined:
    Jul 15, 2002
    Messages:
    215
    Note that the day the shareholder's meeting will now take place is the day the trailer for GTA4 will be released. Maybe they are hoping for public support?
     
  9. snikch13

    snikch13 Guest

    I Like Pie :)
     
  10. I_batman

    I_batman Emperor

    Joined:
    Jun 22, 2004
    Messages:
    1,261
    Location:
    markham, ontario
    Nice idea about buying it, but one of the scenarios being run out there is that Take2 wil sell off the unprofitable game houses and their libraries.
    It is unlikely that Firaxis and the cash cow Civ series will go on the block, unless Take2 is sold in entirety.
    BTW, you would have to pony up many millions to buy the Civ series rights.
    Can't see 100,000 people tossing in 100 to 1000 bucks apiece to buy the series.
     
  11. snikch13

    snikch13 Guest

    Ah, certainly it is a pie in the sky idea. But would you pony up 100 bucks for the effort if it meant that one of your favorite games would be in the hands of the players and fans? I know I would in a heartbeat, the only thing I would ask, is that I have some sort of stake in the foundation for my efforts. I'm certain you would too, so what is that leave us at? only 99,998 people to go :D ;)

    Isn't it always a "nice idea" that begins something?
     
  12. I_batman

    I_batman Emperor

    Joined:
    Jun 22, 2004
    Messages:
    1,261
    Location:
    markham, ontario
    Well, it would be nice, but then again, having 100,000 equal stakeholders in something = chaos. Democracy does have its limits.
    That being said, TakeTwo has essentially released Civ IV code already.
     

Share This Page