Take-Two Interactive (Page 12)

A recent filing based on an amendment to the agreement between the Take-Two board and ZelnickMedia has highlighted some interesting changes in light of the offer by Electronic Arts to acquire the company.

Electronic Arts CEO John Riccitiello has expressed his admiration for the Rockstar senior management team, and held them up as a source of inspiration for his own restructuring of EA since June last year.

We chronicle the events that led to EA's $2 billion acquisition offer for Take-Two

Electronic Arts CEO John Riccitiello has revealed that a transaction to buy Take-Two was at an advanced stage last April, and would have gone ahead, had he not pulled the plug at the eleventh hour and recommended against it to the EA board.

Electronic Arts has said that it waited until the development of Grand Theft Auto IV was complete before making a formal proposal to acquire its publisher Take-Two Interactive.

Take-Two has labelled Electronic Arts' USD 2 billion buy-out offer as "inadequate" and "opportunistic", as EA attempts to take advantage of the struggling Grand Theft Auto publisher.

Wedbush Morgan Securities analyst Michael Pacther said that sports games, not Grand Theft Auto alone, provide the impetus for EA's offer to purchase Take-Two

US stocks gained for a second week on record high oil prices and news of a plan to save credit ratings for bond insurers

Electronic Arts has made a move to acquire Take-Two Interactive for $2 billion — but Take-Two has refused the offer, which expires on February 22.

Take-Two Interactive Software has announced several executive appointments, including naming current non-executive chairman Strauss Zelnick to the position of executive chairman

Epic Games has announced that its Unreal Engine 3 technology and tools will be used for as-yet-unannounced games in development by Take-Two Interactive publishing label 2K Games

Rumours that Viacom is making a USD 1.5 billion bid to acquire Take-Two have been rubbished by leading industry analysts.

The latest rumour surrounding Take-Two is that Sumner Redstone's Viacom is interested in acquiring the Grand Theft Auto publisher.

Take-Two Interactive has set up a web site giving details for US gamers to claim compensation over the Grand Theft Auto: San Andreas "Hot Coffee" incident.

It was a roller coaster ride for investors this week on Wall Street, but US stocks managed to end the week posting a gain for the first time in 2008

Share price movements in THQ and Take-Two contrasted wildly today following bad news from one, and good news from the other.

Rockstar's battle to get Manhunt 2 on to the shelves of UK stores took another twist yesterday as the High Court ruled against the Video Appeals Committee.

PlayStation 3 development was a contributing factor to the delay of GTA IV, according to Rockstar's Jeronimo Barrera

Rockstar is moving ahead with plans to release Bully: The Scholarship Edition in the UK despite a call for a ban on the game

2K Sports has stated that it will not be renewing the College Hoops basketball license with The Collegiate Licensing Company, going so far as to axe the latest title in the series, College Hoops 2K9.

Take-Two has announced the acquisition of Mafia developer Illusion Softworks, rebranding the studio 2K Czech.

Take-Two has announced in a conference call that it intends to release more exclusive Grand Theft Auto IV episodes for the Xbox 360 in 2009.

Take Two has announced fourth quarter sales of USD 292.6 million, due to strong sales of BioShock, Carnival Games and NBA 2K8.

Take-Two's chairman has responded to the BBFC's decision to seek judicial review of the Video Appeals Committee's decision overturning the ban on Manhunt 2 in the UK

Take Two has announced the formation of a new Californian studio, 2K Marin.