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GADGETS AND GAMES DIRECTORY :: > Business Register Weblog >  Business Tech Weblogs - WEEKLYBITS.COM GADGETS AND GAMES DIRECTORY
Silicon Alley Insider
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Address URLhttp://www.alleyinsider.com/    Registered: 22-Mar-2008
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Visit Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen? Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen? in ERTSTTWO
By Silicon
el 11-Aug-2008

gta-bazooka.jpgFidelity Management has recently sold off 17.7 million shares of Electronic Arts (ERTS), bringing its stake in the company to 1.5%, down from 7%, according to a SEC filing.

It's an odd time to dump EA -- the company put up a pretty bad quarter, but it's probably going to make another move for Take-Two (TTWO) later this month once the FTC finishes its investigation of the deal.

Maybe Fidelity isn't holding its breath -- It's also the company that sold off most of its Take-Two shares in March after the videogame maker turned down EA's offer.

See Also:
Electronic Arts Blows Q1, Q2 Guidance. But Core Business Up
Take-Two Ups Rhetoric: We've Definitely Got People Who Want To Buy Us
When Will EA Walk Away From Take-Two? Soon



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03-Dec-2008
Microsoft Cashback Not Giving Enough Cash Back (MSFT)

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01-Dec-2008
Clearwire (CLWRD) Dumping Sprint's (S) 'Xohm' Name For WiMax Service

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01-Dec-2008

Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen?
gta-bazooka.jpg - Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen? Fidelity Management has recently sold off 17.7 million shares of Electronic Arts (ERTS), bringing its stake in the company to 1.5%, down from 7%, according to a SEC filing. It's a [..] Read complete article
Subscribe to Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen?
Published 11-Aug-2008 by Silicon in ERTSTTWO
Read 3 times. More hits in More articles Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen? Images about Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen?
Nerdblog Blogger

Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
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Dreams in High Fidelity by Scott Draves (Spot) - A Maker interview
One of my favorites artists just had an opening at NYC’s 3LD (Three legged dog) - Scott Draves a.k.a. Spot is best known as the creator of the Electric Sheep, a continually evolving abstract animation with over 60,000 daily participants. Dreams in High Fidelity is a painting that evolves. The artwork was designed and rendered with [...] [..] Read complete article
Subscribe to Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen?
Published 14-Jul-2008 by Nerdblog in General
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Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

Merrill Stake Sale Values Bloomberg LP At $25 Billion, Mayor Mike At $17 Billion
bloombergandgfap.jpg - Merrill Stake Sale Values Bloomberg LP At $25 Billion, Mayor Mike At $17 Billion Merrill Lynch (MER) has reached a deal to sell its 20% stake in Bloomberg LP for $4.5 to $5 billion, the WSJ reports. The buyer: Bloomberg LP, which had right of first refusal [..] Read complete article
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Published 16-Jul-2008 by Silicon in MER
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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

China's The9 Acquiring Stake in Korea's G10 [Stakeholder Shenanigans]
The9, a Chinese company best known for operating the Mainland license of World of Warcraft, has bought a minority stake in Korean Company G10. G10 developed the popular Audition titles; under the terms of the agreement, The9 will get the stake [..] Read complete article
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Published 26-Apr-2008 by Maggie Greene in auditionChinaG10KoreaNewsstakeholder shenanigansThe9
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Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

Traders Lose Confidence In EA-Take-Two Deal (TTWO, ERTS)
Electronic Arts (ERTS) made its bid for rival videogame maker Take-Two (TTWO) five months ago, and it's looking more and more like the deal isn't going to happen -- not soon, at least. The WS [..] Read complete article
Subscribe to Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen?
Published 03-Jul-2008 by Silicon in ERTSTTWO
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Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

AT&T Dumps Dish Network. What's Next?
dish-network.jpg - AT&T Dumps Dish Network. What AT&T (T) will terminate its five-year-old deal to resell satellite TV from Dish Network (DISH) at the end of the year, Dish revealed this afternoon in a SEC filing. Shares are down 3% [..] Read complete article
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Published 01-Jul-2008 by Silicon in DTVTDISH
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Nerdblog Blogger

Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net

Google free to offload ‘$1bn’ AOL stake
What does $1bn get you these days? Today is the first day that Google can sell its stake in AOL, picked up in exchange for $1bn as part of a wider video and advertising partnership between the two signed in 2005. TheRegister [..] Read complete article
Subscribe to Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen?
Published 01-Jul-2008 by Nerdblog in General
Read 3 times. More hits in More articles Google free to offload ‘$1bn’ AOL stake Images about Google free to offload ‘$1bn’ AOL stake
Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

Blockbuster Wants Stake In Viacom's Pay-TV Channel
film_projector.jpg - Blockbuster Wants Stake In Viacom Blockbuster (BBI) wants to buy Circuit City, but here's a deal that might make more sense: the WSJ reports Blockbuster has been in talks to join Viacom (VIA) which, along with MGM [..] Read complete article
Subscribe to Fidelity Dumps Most Of Its EA Stake ? Does It Think Take-Two Deal Won?t Happen?
Published 29-Apr-2008 by Silicon in CBSVIABBITWX
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Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

New Microsoft-Yahoo Deal: MSFT Buys YHOO Search, Takes Stake In Rest
ballmerhands.jpg - New Microsoft-Yahoo Deal: MSFT Buys YHOO Search, Takes Stake In Rest A day after Microsoft (MSFT) and Yahoo (YHOO) announced that they're talking again, the "alternate transaction" they're discussing has been described many different ways. Here's the la [..] Read complete article
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Published 19-May-2008 by Silicon in YHOOMSFT
Read 9 times. More hits in More articles New Microsoft-Yahoo Deal: MSFT Buys YHOO Search, Takes Stake In Rest Images about New Microsoft-Yahoo Deal: MSFT Buys YHOO Search, Takes Stake In Rest
Silicon Alley Insider Blogger

Weblog covering digital business Alley Insider Digital Business, Live From New York

Yahoo Dumps European Shopping Site On Private Equity Firm (YHOO)
Yahoo (YHOO) trims the gristle in Europe: It's selling comparison shopping service Kelkoo to private equity firm Jamplant for a big loss. TechCrunch France pegs the deal at less than 100 million, or less than $125 million. Yahoo bought the s [..] Read complete article
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Published 21-Nov-2008 by Alley In in YHOO
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Silicon Alley Insider Blogger

Weblog covering digital business Silicon Alley Insider Digital Business, Live From New York.

TheStreet Takes Stake In Geezeo
TheStreet.com (TSCM) invested $1.2 million for a 13% stake in Boston-based Geezeo, which makes money management tools for investors. TheStreet gets an option to buy Geezeo over the next year based o [..] Read complete article
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Published 24-Apr-2008 by Silicon in TSCM
Read 4 times. More hits in More articles TheStreet Takes Stake In Geezeo Images about TheStreet Takes Stake In Geezeo
Joystiq Blogger

Covers video game news from an independent, unbiased perspective
Joystiq Joystiq

Today in Joystiq: June 17, 2008
Image 0 en  - Today in Joystiq: June 17, 2008 Filed under: Culture Man, if peopled freaked out over their 8.8 Twilight Princess score, imagine what's going to happen when the internet catches wind of Metal Gear Solid 4's 0.0. (Note: The above did happen, but it [..] Read complete article
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Published 18-Jun-2008 by Ross Miller in dailyrecapgamespotmetal-gear-solid-4mgs4
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