EA-Take Two Saga Continues

by pastapadre
Posted August 18th, 2008 at 7:54 am

In a press release today it was stated that EA and Take Two discussed the the potential acquisition over the course of the weekend. EA has now accepted Take Two’s offer to provide them with a presentation that includes non-public information. EA will allow their offer for the outstanding shares to expire at at midnight eastern tonight.

Basically what this means is that because EA doesn’t feel it could integrate Take Two in order to take advantage of the holiday season and as such they will reevaluate the offer. From the beginning that was the first goal of the deal for EA. On the other side Take Two is attempting to prove they are actually worth more than what EA is offering. But the two sides are talking which is more than could be said previously.

At this point regardless of what happens the upcoming 2K Sports releases (NBA 2K9, NHL 2K9) should not be affected.

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23 ResponsesLeave a comment
  • lococo
    August 18, 2008 at 8:16 am
    Reply

    Take Two is garbage. EA just wants to further their monopolistic interests.

  • Jonathon
    August 18, 2008 at 8:21 am
    Reply

    take two isn’t garbage…but a hybrid of the two game company’s sports game engines could have great results…imagine the best of what 2KFootball and Madden already do ALL on one disc…(combine that with the Euphoria engine used in Backbreaker…and we could see a TRULY next generation offering of football…of course this is all talk at the moment…and unless something happens soon, we may not even see the fruits of deal such as these for another couple years…

  • rellz
    August 18, 2008 at 8:46 am
    Reply

    I pray EA doesnt take over. CUs NBA 2k is the only bball game i play. I cant play Live that shits weak. N glitchy

  • DaveDQ
    August 18, 2008 at 9:02 am
    Reply

    Sometimes it’s like EA just goes window shopping…”I’ll take that, two of those, that one there and a dozen of those.”

  • lakeallen
    August 18, 2008 at 9:04 am
    Reply

    TTWO is down to 24.25 today. That makes the deal EA has on the table 1.50 more per share. Imagine if the deal was finally off, TTWO would probably drop below 20. It looks like they’re wanting this to happen but are trying to squeeze a little more out of it from EA.

  • mauro78
    August 18, 2008 at 9:21 am
    Reply

    I think that EA was focused on made the deal before GTA IV was out. Now they don’t have such hurry to acquire TT.

    I personally think that EA won’t acquire TT ever, even more now that they can’t publish GTA IV as EA.

    Peace

  • Timothy Daley
    August 18, 2008 at 9:29 am
    Reply

    You need to remember that EA is a publisher first and formost. By buying TTI they are aquiring more than just sports franchises. They are buying the publishing rights to games like Civ 4, Bioshock, etc.

    You don’t buy a compbany then dissolve it. You have to remember that there are share holders involved here. If an when EA acquires TTI they will still publish sports games from Visual Concepts.

    All you NFL 2k5 sports fans should be praying for an EA acquistion. If it goes through then you will see your NFL liscensed football game come back and the competition you so desparately want will be back.

  • Skihawks
    August 18, 2008 at 9:44 am
    Reply

    I would like to see EA get the MLB license. 2K’s baseball games have been in decline.

  • AzureEffect
    August 18, 2008 at 10:57 am
    Reply

    As long as they do something with it….a Hybrid would be great but Im with whoever mentioned the 2K over Live…I havent played NBA Live seriously since like Tim Duncan was on the cover….WOW

  • Wollen1
    August 18, 2008 at 11:05 am
    Reply

    Keep holding out Take 2. EA is great and all, but it won’t do anyone any good for them to control the sports gaming universe. Now bring back college basketball, damnit!

  • DaveDQ
    August 18, 2008 at 11:56 am
    Reply

    I think people look at it like EA Sports Buying 2K Sports. It’s very possible Visual Concepts gets spun off and all things 2K Sports is not in EA’s hands.

    Like Daley stated, there’s a bigger picture. civilation, Bioshock, GTA are huge profits for EA if they can nab them. 2K Sports to them is expendable.

  • Josh
    August 18, 2008 at 12:53 pm
    Reply

    Why is EA so bent on acquiring Take Two? I understand that in the long term of things it would mean more money for them but It seems like they’re doing just fine business wise without own them too. Initially is was stated that Take Two was having financial difficulties & they were the ones who initiated talks with EA but it seems like they’re resisting EA’s offers & sticking to their guns. I personally hope that EA doesn’t acquire Take Two. It’s never good for gamers when one company monopolizes.

  • 47
    August 18, 2008 at 12:59 pm
    Reply

    [quote comment="32665"]
    All you NFL 2k5 sports fans should be praying for an EA acquistion. If it goes through then you will see your NFL liscensed football game come back and the competition you so desparately want will be back.[/quote]

    No they wont. EA will never do that. They already have Madden and thats working great for them. They wont bring in another NFL game to compete with it.

  • Josh
    August 18, 2008 at 1:01 pm
    Reply

    EA needs to fall back & quit trying to take over everything. It’s a matter of billionaires wanting more money. Quit being greedy! EA used to be great but they’ve really fallen off. Their games are average now. Maybe that’s why their trying to aquire Take Two so that they can get some developers that know how to make a solid game.

  • Moye2010
    August 18, 2008 at 1:06 pm
    Reply

    [quote comment="32680"][quote comment="32665"]
    All you NFL 2k5 sports fans should be praying for an EA acquistion. If it goes through then you will see your NFL liscensed football game come back and the competition you so desparately want will be back.[/quote]

    No they wont. EA will never do that. They already have Madden and thats working great for them. They wont bring in another NFL game to compete with it.[/quote]

    Think about it. If EA has both lisences, why not put out a Visual Concepts game and a EA Tiburon game? You’d make 2k fans happy and would bring in profit from both games. Sounds like a good idea to me.

  • r00tabaga
    August 18, 2008 at 1:38 pm
    Reply

    EA can triple their profits on NFL licensed games that way w/Head Coach, Madden and NFL2K……some peeps would buy more than one (some all 3). I would really miss NBA2k if it left but that would be so dumb on EA’s part. :(

  • pastapadre
    August 18, 2008 at 2:08 pm
    Reply

    I’ve always thought there was a void in January/February that could be taken advantage of. Release the 2K game during the playoffs then. Though I think Head Coach might make more sense coming soon after the Super Bowl.

  • Moye2010
    August 18, 2008 at 2:59 pm
    Reply

    [quote comment="32683"]EA can triple their profits on NFL licensed games that way w/Head Coach, Madden and NFL2K……some peeps would buy more than one (some all 3). I would really miss NBA2k if it left but that would be so dumb on EA’s part.

    :( [/quote]

    I agree completely. But I remember someone saying months ago, “combine the graphics of NBA Live w/ the gameplay of NBA 2K and you’ll have the best game ever”. I would love to see if they do this IF the deal goes through. NBA Live 2k10 (or sumthin) A.K.A. sickest basketball game ever made. ever.

  • Timothy Daley
    August 18, 2008 at 3:19 pm
    Reply

    [quote comment="32680"][quote comment="32665"]
    All you NFL 2k5 sports fans should be praying for an EA acquistion. If it goes through then you will see your NFL liscensed football game come back and the competition you so desparately want will be back.[/quote]

    No they wont. EA will never do that. They already have Madden and thats working great for them. They wont bring in another NFL game to compete with it.[/quote]

    It’s not competition when you own both franchises. Take the fanboy glasses off for a minute and THINK. In NASCAR for example car owners have more than one car/driver in there stable. The more entries you have in the race the greater your chances for winning and thus profit.

    Well EA acquiring TTI puts them in the same boat. If gives them the chance to profit off an established franchise. EA is well aware of the polarizing effect Madden has and they know the rivalry between EA and TTI is very real. That is why they bought out the licenses for football in the first place.

    EA also realizes that they are not reaching full market potential with Madden. They know many staunch 2k supporters are either playing 2k5/2k8 or nothing at all, so why not capitalize and get the full market. Getting rid of 2k sports would be a waste of there money. Your not going to spend that kind of money and then drop the whole bulk of the money making for that company. That’s retarded.

    EA will more than likely allow 2k sports to exist and make them money. Like I have said before, there is no competition when you own the competition. The only difference will be that EA will be the publisher for 2ksports games instead of TTI.

  • Josh
    August 18, 2008 at 4:43 pm
    Reply

    [quote comment="32694"][quote comment="32683"]EA can triple their profits on NFL licensed games that way w/Head Coach, Madden and NFL2K……some peeps would buy more than one (some all 3). I would really miss NBA2k if it left but that would be so dumb on EA’s part.

    :( [/quote]

    I agree completely. But I remember someone saying months ago, “combine the graphics of NBA Live w/ the gameplay of NBA 2K and you’ll have the best game ever”. I would love to see if they do this IF the deal goes through. NBA Live 2k10 (or sumthin) A.K.A. sickest basketball game ever made. ever.[/quote]

    2K9’s graphic are going to better than Lives this year in my opinion making 2K9 a far better product because their gameplay is already better. I don’t want to start a Live vs 2K battle but Live’s graphics look more cartoony as does Madden’s this year. I wouldn’t want 2K to use Live’s graphics & I’m sure many others would agree. I’m not some 2K fanboy either. I’ve played Live since the mid 90’s but I just call it like I see it. As Pasta would say, it all depends on what you prefer I guess.

  • Timothy Daley
    August 18, 2008 at 5:39 pm
    Reply

    I hate to break it to you but your argument is pointless. The majority of video basketball gamers are veterans and have already like what they like. The battle isn’t about graphics anymore and its not even about gameplay. Both games have great graphics and both games have gameplay suited for ITS fanbase. The only competition lies in the game features that will be offered and in 09 EA is clearly the innovator when it comes to features.

    Across the board EA’s sports games will deliver what has never been seen in sports games ever and THAT will be the deciding factor that brings those who sit on the fence on which game is best, over to EA.

  • sdot
    August 18, 2008 at 6:44 pm
    Reply

    1st & foremost anybody dat thinks EA is gonna bring back NFL 2K is

    STUPID STUPID

    N E 1 dat thinks NBA Live is betta than 2K is

    STUPID STUPID

    Lastly anybody dat disagrees wit dis post N any way shape or fashion is

    STUPID STUPID

    i’m SDOT & I approve dis message

  • r00tabaga
    August 19, 2008 at 6:33 am
    Reply

    ebonics iz STUPID, STUPID

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