 |
 User: Login |  XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, prediction. Don't get a life just yet. |
| Address URL | http://kotaku.com Registered: 09-Apr-2008 |
| Ads: |
|
Send to email | EA, FTC Agree On Take-Two Bid Deadline, Another Extension Likely [Ea Bid For Take Two] in EaFinancialIndustryNewsOriginalTake-TwoTop | By Leigh Alexander el 04-Jun-2008 | Electronic Arts has agreed to wait on completing any potential acquisition of Take-Two until the Federal Trade Commission has completed its investigation of the possible merger, the company revealed today through an SEC filing.
Under the agreement, no transaction will be completed until the FTC has finished its probe, which can take up to 45 days instead of the customary 30.
"We've entered an agreement with the FTC to modify the scope," said an EA spokesperson. "This is a normal part of the review process, which allows us to move through the review as expeditiously as possible while giving the FTC additional time in which to complete its full review and work."
At the time EA last extended its tender offer until June 16th, corporate development VP Owen Mahoney said the extension would allow the FTC further time to complete its investigation. However, there are only 7 business days between now and the expiration of EA's current offer, not 45 - so it's reasonable to infer EA will extend its offer again to allow the FTC to fully complete its probe.
EA declined to comment on plans to extend the offer, but the spokesperson said, "You'll hear from us on or before the expiration."
The FTC also does not comment on the specific details of individual investigations.

Read 16 times

|
|
![EA, FTC Agree On Take-Two Bid Deadline, Another Extension Likely [Ea Bid For Take Two] - Tech Weblogs - WEEKLYBITS.COM Blogger XBOX 360 Gamers Webl](files/kotaku_gamer.jpg) |
 |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
| EA deadline for Take-Two passes quietly | Filed under: Business
Wire service AFP reports that last night's deadline for Take-Two shareholders to agree to EA's takeover bid passed without a peep from either side. Take-Two commented earl [..] Read complete article | ![Subscribe to EA, FTC Agree On Take-Two Bid Deadline, Another Extension Likely [Ea Bid For Take Two]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 17-May-2008 by Alexander Sliwinski in deadlineeatake-twotakeover Read 36 times. More hits in  |
|
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
 | Yahoo User Interface Blog | Blogger | Is a collection of industrial-grade JavaScript utilities and widgets that enable you to efficiently get the most out of today’s powerful web applications. Yahoo! User Interface Blog News and Articles about Designing and Developing wiht Yahoo! Libraries. |
| The "MakeNode" Widget Extension | | In my previous article, A Recipe for a YUI 3 Application, I showed a way to use Y.substitute as a very basic template processor. The idea took life from there, with suggestions from the folks in the #yui IRC channel, and I made it a Widget extension that is available on my site, called MakeNode. [...] [..] Read complete article | ![Subscribe to EA, FTC Agree On Take-Two Bid Deadline, Another Extension Likely [Ea Bid For Take Two]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 08-Jul-2011 by Satyam in Development Read 16 times. More hits in  |
|
 | Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs Nerdblog.Net |
| The Car of Tomorrow Has an Extension Cord | | Forget hydrogen. The car of the future has an extension cord and a great big laptop battery.
The next evolution of the automobile will be plug-in hybrids that get their juice from a household electrical outlet. They’ll start rolling into showrooms within in 18 months. Experts say plug-in hybrids could account for about 20 percent [...] [..] Read complete article | ![Subscribe to EA, FTC Agree On Take-Two Bid Deadline, Another Extension Likely [Ea Bid For Take Two]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 18-Jul-2008 by Nerdblog in General Read 40 times. More hits in  |
|
 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
| Deadline puts brakes on Faith and a .45 |
The .45 may have a brimful of Asha, but that's not enough to keep things spinning. That's the word from developer Deadline, whose CEO Chris Mottes told Eurogamer that work on actioner Faith and a . [..] Read complete article | ![Subscribe to EA, FTC Agree On Take-Two Bid Deadline, Another Extension Likely [Ea Bid For Take Two]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 04-Feb-2009 by Justin McElroy in deadlinedelaysfaith-and-a-45 Read 22 times. More hits in  |
|
 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
| Rumor: Deadline Games in serious trouble |
DigitalBattle.com reports that developer Deadline Games is in dire straights, with CFO Christian Pedersen-Bjergaard saying that the company will face bankruptcy if it doesn't nab a paying gig soon. As you may remember, the company put its F [..] Read complete article | ![Subscribe to EA, FTC Agree On Take-Two Bid Deadline, Another Extension Likely [Ea Bid For Take Two]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 13-Apr-2009 by Justin McElroy in deadline-gamesfaith-and-a-45watchmen-the-end-is-nigh Read 17 times. More hits in  |
|
 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
| Deadline puts brakes on Faith and a .45 |
The .45 may have a brimful of Asha, but that's not enough to keep things spinning. That's the word from developer Deadline, whose CEO Chris Mottes told Eurogamer that work on actioner Faith and a . [..] Read complete article | ![Subscribe to EA, FTC Agree On Take-Two Bid Deadline, Another Extension Likely [Ea Bid For Take Two]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 04-Feb-2009 by Justin McElroy in deadlinedelaysfaith-and-a-45 Read 14 times. More hits in  |
|
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| EA's Deadline Passes; Wait, What? [EA Bid For Take-Two] | | Anticlimactic as it is, your humble editor still missed this yesterday; EA's deadline for its offer to acquire Take-Two has passed. Literally nothing happened. No comments from either side, no offers to raise the share purchase price or extend the deadline, no Mark- [..] Read complete article | ![Subscribe to EA, FTC Agree On Take-Two Bid Deadline, Another Extension Likely [Ea Bid For Take Two]](http://www.weeklybits.com/images/yaaqui3.gif) | Published 18-May-2008 by Owen Good in Businessdan houserEA Bid For Take-TwoElectronic ArtsFinanceNewsRockstarRumorsTake-TwoTop Read 0 times. More hits in  |
|
|
Warning We are not responsible of information posted from external feeds. Use this website at your own risk.
Notice: We will not be liable for any direct or indirect loss or damage arising under this disclaimer or in connection with our website, whether arising in tort, contract, or otherwise.
|
|
| |