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January 13, 2021
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...
January 13, 2021
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...
January 13, 2021
Take-Two Quits from the Rivalry to Acquire Codemasters After EAs Offer Take-Two Interactive pulled its offer for acquiring Codemasters but will pursue other opportunities for the long-term growth of the company. Grid, but now it seems the parent company of 2K Games and Rockstar has no interest in making a new offer anymore. In a recent statement from Take-Two Interactive, while they didn’t exactly announce their withdrawal from Codemasters’ acquisition, they did mention that they will conti...
January 13, 2021
Take-Two Interactive announced today that it is rescinding its offer on Codemasters. EA will now be able to acquire the British publisher without interference.
January 12, 2021
Grand Theft Auto VI will feature a female protagonist for the first time in the series’ history, according to an industry insider. Tom Henderson, who has in the past successfully predicted several new additions to the Call of Duty franchise, tweeted on Sunday: “For the first time ever in a GTA title, GTA 6 will have a playable female and male protagonist.” It is worth noting that, at this stage, the contents of Henderson’s tweet have yet to be confirmed by Rockstar, the game’s develop...
January 10, 2021
Release Date GTA 6 is without a doubt the most highly anticipated game, and it hasnt even been officially announced yet. But, we do know its exists and various leaks have confirmed it. GTA 6 Title The Grand Theft Auto series has seen various different naming structures for its titles. From the conventional Grand Theft Auto V, to having taglines such as a Grand Theft Auto: San Andreas. It has been rumoured that the next title in the series will called Grand Theft Auto VI(CE) CITY. HINT: Did ...
January 10, 2021
Author Bio Keith Noonan covers technology, entertainment, and other fields. The tech sector stands out as one of the best starting points for investors seeking lifechanging returns. In addition to many companies in the space having highly scalable business models, technology also plays a decisive role in shaping nearly every other business sector. We asked three Motley Fool contributors to profile their top tech pick for the new year. Read on to see why they think s Q...
January 9, 2021
WHILE fans wait for the next big announcement from Rockstar Games, news this week suggests that were still a long way from a GTA 6 release date announcement.
January 8, 2021
- - - - - Application for Uplist to Nasdaq Under Review TORONTO, Jan. 8, 2021 /PRNewswire/ -- Engine Media Holdings, Inc. ("Engine Media" or the "Company"; TSX-V: GAME;OTCQB: MLLLF), announced results for the fourth quarter and full year ended August 31, 2020. Lou Schwartz, Chief Executive Officer, said, "The business realignment we implemented over the last few months is already yielding significant cost savings, streamlined product development and improved business execution. We...
January 8, 2021
DiRT, Project Cars, and Formula One are some of its top franchises. None of these are household brands, and they dont have the name recognition of something like a FIFA or DiRT Rally 2.0, the companys rally car game, just hit 9 million users. Since Codemasters trades publicly on the London Stock Exchange, we can look at its financials to see what EA shareholders will be getting, and at what price. Over the last 12 months, Codemasters brought in around $151 million in revenue and generated $...