FTC approves (possible) EA-Take Two merger
A major hurdle has been passed in any kind of merger between Electronic Arts and Take Two Interactive. In a note on their web site, the Federal Trade Commission has stated that after looking at the possible deal to see if it violated any anti-trust laws it has concluded that "no additional action by the Commission is warranted at this time" and they now consider the matter closed..
EA let its formerly hostile takeover bid for Take Two expire earlier this week but now the two publishers are in talks to perhaps have some joint operations. Take Two has agreed to meet with EA to give them some confidential info about their financial numbers and future plans.
[Via Joystiq]
EA let its formerly hostile takeover bid for Take Two expire earlier this week but now the two publishers are in talks to perhaps have some joint operations. Take Two has agreed to meet with EA to give them some confidential info about their financial numbers and future plans.
[Via Joystiq]
Recent Posts
- Epic's "CliffyB" found id's acquisition "shocking" (7/05/2009)
- Rumor: Windows 7 going gold next week? (7/05/2009)
- New video gets "Gratuitous" in its "Space Battles" (7/05/2009)
- Trine's developers admit game's pricing made the project "a big mess" (7/04/2009)
- Twitter starts to invade . . . er, enter MMOs (7/04/2009)




Yeah, I didn't think the FTC would have a problem with it. As big as that would make EA, maybe bigger than Activision again, they would still be far from a monopoly. The deal is still bad for gamers though.
...bysmittyPosted at 7:46AM on Aug 21st 2008 by bysmitty