Article: March 2008 Archives

Last year, Prime Minister Gordon Brown commissioned psychologist Tanya Byron to review "the risks children face from the internet and video games" That report is now available and describes Byron's assessment of such risks. U.K. politicians have promised to implement her suggestions.
Electronic Arts has made a series of offers to purchase Take-Two Interactive that recently became hostile. Take-Two Interactive's Board of Directors has formally rejected the offer and (of course!) recommends that its shareholders don't cooperate with Electronic Arts' $26 per share cash offer.
Electronic Arts has commenced its hostile takeover bid for Take-Two Electronics.

Electronic Arts began by making a series of friendly acquisition offers to Take-Two Interactive that rose to a price as high as $26 per share in cash. Take-Two rejected the offer, claiming that the bid was too low and that Take-Two would prefer to wait until after the release of Grand Theft Auto IV, when the company felt it would be in a stronger position. EA issued press releases, appealing to investors (and provoking a class action lawsuit contending that Take-Two was violating its fiduciary duty).

by Kyle Ackerman

I had a chance to sit down with David Hoffman, executive producer of OGPlanet, to talk about OGPlanet's business and latest game Cabal Online. OGPlanet is one of the companies in North America pursuing games that are free to play. As Hoffman explains, OGPlanet is specifically looking for quality games with a successful track record that the company can bring to the North American audience.

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This page is an archive of entries in the Article category from March 2008.

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