Grand Theft Auto Online Arrives
OCT. 1, 2013 • One of the most intriguing features of Grand Theft Auto V is the inclusion of access to Grand Theft Auto Online. The separate online world became available two weeks after the release of Grand Theft Auto V, which has already generated more than $1 billion in worldwide revenue. Rockstar Games is scrambling to secure sufficient servers to handle the demand, although the studio has warned consumers that delays and glitches are to be expected. The e.....
Take-Two In Talks With Ubisoft
JUNE 10, 2008 • While Take-Two Interactive’s board of directors holds out for a better cash offer from Electronic Arts, Forbes magazine speculated that the former is negotiating with another takeover suitor: Ubisoft. During a June 5 financial conference call, Take-Two chairman Strauss Zelnick admitted he had held discussions with other interested parties. Ubisoft declined to comment.
Impact: Ubisoft has a better reputation for working with acqu.....
Take-Two Rejects EA
FEB. 24, 2008 • Take-Two Interactive rejected a $2 billion ($26 per share) acquisition offer from Electronic Arts. The offer was 64% higher than the Feb. 15 closing price. EA had previously offered $25 per share. Take-Two’s board of directors rejected the tender by arguing the offer undervalued the publisher, which is.....
Take-Two Stock Trades Lower
AUG. 3, 2007 • Towards the end of July, Take-Two Interactive (NASDAQ: TTWO) stock was trading around $20. The stock slowly started dropping during the last week of the month until the news officially hit on August 2. Take-Two shares dropped more than 13% – down $2.17 to $14.74 – in trading the morning after.....
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