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UK gets in on global M&A surge

UK gets in on global M&A surge (FILES) In this file photo taken on December 17, 2016 the G4S logo is seen on a sign at the entrance to HMP Birmingham in Winson Green, Birmingham, central England on December 17, 2016. - Bosses at British security giant G4S, which guards sites including prisons, offices and Covid test-centres, on December 9, 2020 backed a �3.8-billion takeover from US rival Allied Universal that trumps a bid from Canadas GardaWorld. (Photo by OLI SCARFF / AFP) (AFP)Premium Ben...
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Investegate |Take-Two Interactive Announcements | Take-Two Interactive: Offer Lapsed

  Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher and marketer of interactive entertainment for consumers around the globe. We develop and publish products principally through Rockstar Games, 2K, Private Division, and Social Point. Our products are designed for console systems and personal computers, including smartphones and tablets, and are delivered through physical retail, digital download, online platforms and cloud streami...
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Take-Two Interactive No Longer Bidding on Codemasters

Take-Two Interactive No Longer Bidding on Codemasters Paving the Way for EA to Seal the Deal Over the last couple of months we’ve been following a sort of bidding war for the acquisition of racing game developer, Codemasters. In early November Take-Two announced that they would be purchasing the F1 developer for a hefty sum of $973 million USD, that is until December when EA put in a counterbid of $1.2 billion USD. It wasn’t clear at the time how these competing offers would play out, bu...
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Take-Two Interactive Software's Offer for Codemasters Group Lapses

By Ian Walker Take-Two Interactive Software, Inc. said Wednesday that its offer for Codemasters Group Holdings PLC has now lapsed following the U.K. videogames developer and publishers withdrawal of its recommendation last year. On Dec. 14, Codemasters agreed to a 945 million pounds ($1.29 billion) cash takeover from Electronic Arts Inc., and withdrew its recommendation for a GBP759 million offer from Take-Two Interactive that had been agreed in November. Take-Two Interactive said We...
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Take-Two officially drop their bid for Codemasters, clearing the way for EA – TheSixthAxis

13/01/21 Comments Closed Take-Two have officially dropped their offer to buy Codemasters which they originally had confirmed to be completed at some point in the first quarter of 2021, and that the purchase will cost Take-Two £726 million/$956 million. The deal had been approved by the boards of directors from both Take-Two and Codemasters. However, a few weeks later in December, EA offered a counterbid with around a third more cash on the table. That deal was also accepted by the board of ...
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