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IN BRIEF: Codemasters Shareholders Approve Codex Takeover
Wed, 3rd Feb 2021 20:19
Codemasters Group Holdings PLC - Warwickshire-based video game developer - Shareholders approve takeover by Codex Games Ltd, a subsidiary of Electronic Arts Inc. The shareholder vote comes after directors approved the deal, who preferred the bid after US video game publisher Take-Two Interactive Software Inc allowed its GBP726 million offer for Codemasters to lapse. In mid-December, Codemasters accepted the takeover bid from Take-Two s larger US rival EA for GBP945 million, or 604 pence per share in cash. Next step is for the scheme to be approved in court, scheduled for February 16.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Game+ Makes It Interesting For Skill-Based Head-To-Head Gaming Competition
February 2, 2021 GMT
NEW YORK, Feb. 2, 2021 /PRNewswire/ Today, Game+, the app that enables skill-based head-to-head gaming competition for money, officially launched. Available now to download on iOS and Google Play, Game+ offers members a secure marketplace where they can create or accept gaming challenges for money and have their winnings automatically transferred to their account.
“Video games have always been a passion of mine, are surging in popularity and are inextricably woven into the very fabric of our culture,” said Karim Sanford, Co-Founder and President of Game+. “We built Game+ to bring a secure on-demand competitive marketplace to the category that enables gamers to test each other’s skills for money while removing barriers to access any winnings.”
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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 Canada s GardaWorld. (Photo by OLI SCARFF / AFP)
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Ben Dummett
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The U.K. is finally joining the global resurgence in mergers and acquisitions.
Pinned down by a brutal Covid-19 outbreak and the worst economic contraction in 300 years, U.K. merger activity slumped in the early summer from the year-earlier period as part of a broader decline amid virus-induced lockdowns. In Britain’s case, uncertainty over the outcome of the country’s complicated divorce from the European Union extended that weakness into early fall.