[Xbox] Re: Take-Two rejects EA acquisition proposal

Good for Take-Two. It's about time someone stood up to the evil
empire of EA. I Liked EA at first and I do have some of their
games. However, I'm getting a little sick of all this merger junk.
At some point you'd think anti-trust laws would kick in. Like,
what's up with EA's exclusive rights to NFL licencing? I'm suprised
that wasn't challenged. It relegates other companies to coming out
with generic football games that have made-up teams or doing
something really wacky like Mario Brothers Football or something.

--- In Xbox@yahoogroups.com, Ðreddheaddedpoe†® <afroloq@...> wrote:
>
> If this does go thru...which almost seems an inevitability...what
happens to the sports franchises????
>
>
> --- In Xbox@yahoogroups.com, "Nelson Pacheco" <nelson@> wrote:
> >
> >
> >
> > http://feeds.joystiq.com/~r/weblogsinc/joystiq/~3/240539075/

> >
> >
> > Filed under: Business
> >
> >
> >
> > Apparently, it didn't take them very long to consider Electronic
Arts' somewhat hostile
> buyout proposal -- Take-Two's Board of Directors just responded to
the offer with a press
> release of their own, stating that EA CEO John Riccitiello's
proposal was "inadequate in
> multiple respects and not in the best interests of Take-Two's
stockholders."
> >
> > While EA's proposal listed Grand Theft Auto IV as a primary
reason for the merger, as
> Riccitiello claimed EA could lend their help during the game's
quickly approaching release,
> Strauss Zelnick, Take-Two's executive chairman, listed GTAIV as the
primary reason why
> they wouldn't want to merge at this point in time, fully expecting
to increase their overall
> value when the game hits store shelves come April 29.
> >
> > Zelnick's laundry list of reasons why the buyout wouldn't benefit
his company can be
> found on the press release. For now, let us rejoice in the
postponement of the seemingly
> inevitable future where one superconglomerated gaming
publisher/developer controls all
> game releases on the planet. Read | Permalink | Email this |
Comments
> >
> >
> >
> >
> >
> >
> >
> > RSS Desc: Joystiq
> > RSS Link: http://www.joystiq.com
> >
>

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