160°

EA Takes Out $1 Billion Loan To Acquire Take Two

Electronic Arts has taken out a $1 billion load from Morgan Stanley and lenders to help pay for its acquisition of Take Two, should it ever happen. The figure was revealed in recently released SEC filings.

According to EA VP of communications Jeff Brown, "There's no news here. This is just a process point on something we announced in February."

Electronic Arts5856d ago

Please accept it!

I'm getting desperate!

5856d ago
pwnmaster30005856d ago

its ok that guy is just a hater and take stuff to seriously i still thought it was funny

permutated5854d ago

So my comment got deleted, but the fake, lame ass EA guy above me doesn't get banned?

N4G sucks balls.

Ovidius5856d ago (Edited 5856d ago )

I was tempted to do something like that, since I was bored. It was a friday night much like this one. No date, and my PS3 was all the way on the other side of the room!! Still, I don't think that you should get THAT mad over the alternate account thing. However, it was funny at first, but now it is getting annoying.

Anyway, I really hope EA doesn't get T2. But if they do, will R* still be part of T2, err.. EA in this case? Will R* be able to leave after the deal with T2 is over?

va_bank5856d ago

R* contract with Take 2 expires in February. Unless EA offers R* what they want, R* will find another publisher. The bad news - Take 2 (not R*) owns the rights to GTA, Midnight Club, Red Dead Revolver, Bully etc., so EA will get to keep the names and outsource game development to India, resulting in typical EA games.

ASSASSYN 36o5856d ago

Hostile takeovers of a game company is like taking off the wheels on a car and attempting to drive it. If EvilA gets taketwo. The employees will bail. The talent that made and sustained the company will vacate like rats on a sinking ship.

Real gamer 4 life5856d ago

Why is EA so desperately want take 2? Is it because of the grantheft auto franchise? Why dont they just leave it alone. All they going todo is mess up the game.

The Closing5856d ago (Edited 5856d ago )

What's there to mess up that isn't already broken? As it stands:Broken combat? Check! Broken Cover system? Check! Broken driving? Check! Broken shooting system? Check! Repetitive 7 year old scripted missions? Check!

permutated5856d ago (Edited 5856d ago )

Real gamer, how old are you, Four? Five? Your spelling is awful.

Also, GTA4 couldn't have been worse, so I'm not sure what more they could have possibly messed up under EA's rule.

Hagaf225856d ago

its not rockstar and gta they are after is the 2k sports series, they want to get rid of the sports competition, gta is just a bonus, but rockstar will separate from take 2 prior to a take over.

va_bank5856d ago

$500,000,000 in sales the first week? Check.

This is not about gaming it's about money. They couldn't care if it was a Dora The Explorer game, as long as it made that money.

+ Show (1) more replyLast reply 5856d ago
Show all comments (28)
60°

Nearly Half Of Gamers Play Video Games To "Express Themselves," Study Finds

Many players find it easier to express themselves while playing games. Yet, over half of the surveyed gamers still play to relieve stress.

H93h ago

I wonder what place made this study, and it's Fandom, no wonder half of the people said that, I find it hilarious that Fandom of all places did manage to pull more than 50% for the argument of playing games for self expression

phoenixwing32m ago

Honestly i don't believe this statistic. All we need is an executive to believe it and they'll focus more on how to "express" ourselves over good gameplay and further ruin gaming.

80°

Wolfenstein: The New Order Is The Last Of Its Kind

Wolfenstein: The New Order turns ten years old today, so we decided to play it again and discovered just how much of an extinct kind of game it is.

Read Full Story >>
culturedvultures.com
120°

Wolfenstein: The New Order - A Highly Rated FPS That Hasn't Stood the Test of Time

Wolfenstein: The New Order launched 10 years ago today, but can it stand up to the modern FPS titles it inspired?

Seth_hun5h ago

I disagree. Its still a fantastic game, with very good gunplay and a surprisingly loveable cast of characters and a good story trough many different and interesting setpieces

hiawa232h ago(Edited 2h ago)

All The New Order needs for my tastes is a this gen enhancement patch.

ChasterMies1h ago

I played New Order a couple of years after launch and I give it an 8/10. The shooter holds up because it is focused on being a good shooter. There is no crafting, no RPG elements, no open world find the question mark Weapons are fun. Enemies are fun. Levels offer a nice mix of stealth and shooting. You get to be the predator; this isn’t a game about fending off waves of enemies while a robot companion unlocks a door. Most importantly, New Order is the last of a dying breed of single player shooters.

Skuletor30m ago

Singleplayer shooters are still getting released every year, just look up "boomer shooters" and you'll find an an abundance of them. AAA fps campaigns, not so much.

Last year had Trepang2, RoboCop: Rogue City, Turbo Overkill, Warhammer 40,000: Boltgun, Dread Templar, Sprawl and more

Abear2158m ago

Weird all the Wolfenstein articles.

Can you guess what will be announced at Xbox showcase?

DefenderOfDoom236m ago

What Machine Games did with Wolfenstein franchise is awesome. The game play definitely to me , is still very fun to play !!!