160°

EA Takes Out $1 Billion Loan To Acquire Take Two

28
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."
Read Full Story >>   Comments (28)
kombo.com
Alternative Sources:
EA Secures $1 Billion Loan ... - gamasutra.com | By: godoftime
EA receives $1 billion loan... - gamesindustry.biz | By: Catastrophe
nscope04 - contributor
Published: 551 days 14 hours ago | News | PlayStation 3 | Xbox 360 | Wii | Sony PSP | Nintendo DS | PlayStation 2 | Industry News
 
 
Incoming News
 
0°

Wii
Buy a Wii Fit, still be fat
Wii | News
Critical Gamer Writes: The American Counsel on Exercise, collaborating with University of Wisconsin La Crosse, found what it deemed "underwhel...
Read More | Comments(0)
0°

Wii
GameDaily: EA Sports Active: More Workouts Review
Wii | Review
GameDaily writes: "In a genre littered with copycats, EA Sports Active: Personal Trainer is at the top of its class. Nintendo started the virt...
Read More | Comments(0)
0°

Gaming
The Mario Suits That Were, Are And Should Be
Gaming | Article
Kotaku writes: With New Super Mario Bros. Wii around the corner - a game that introduces yet more suits to Mario's burgeoning wardrobe - we figured...
Read More | Comments(0)
10°

Wii
First screenshots of Pizza Delivery Boy
Wii | Screenshots
Majesco released the first screenshots of of Pizza Delivery Boy for the Wii.
Read More | Comments(1)
About N4G
N4G is a social game news site that covers the game industry 24 hours a day, 7 days a week.
More Info... | Submit News