electronic arts

Updated: EA Extends Deadline For Take-Two To June 16; Offer Price Unchanged - 0 Comments
Posted By Joseph Weisenthal - Mon 19 May 2008 05:02 AM PST

This was expected: After its offer for Take-Two expired on Friday, EA has extended its tender offer for the company until June, 16. The company said the extension will allow…

Earnings: Electronic Arts Revs Up Strong; Net Income Passes Estimates - 0 Comments
Posted By Joseph Weisenthal - Tue 13 May 2008 01:02 PM PST

With a hostile bid for Take-Two still out there, video game maker Electronic Arts (NSDQ: ERTS) has reported quarterly revenue of $1.12 billion, an 84 percent rise from $613 million…

Updated: Electronic Arts Extends Offer As Take-Two Shareholders Back Their Board - 0 Comments
Posted By Joseph Weisenthal - Fri 18 Apr 2008 05:13 AM PST

Electronic Arts (NSDQ: ERTS) has extended its offer to buy rival gamer Take-Two to May 16th, following a series of new developments… the first came yesterday morning, when EA reports…

Electronic Arts Revises Take-Two Tender Offer; Wants Poison Pill Invalidated; Date Changed - 0 Comments
Posted By Joseph Weisenthal - Fri 28 Mar 2008 04:32 AM PST

The Sturm und Drang has given way to a chess match: Electronic Arts (NSDQ: ERTS) has updated the terms of its hostile, tender offer, two days after Take-Two rejected it,…

Industry Moves: Electronic Arts, Joost; Trinity - 0 Comments
Posted By Amanda Natividad - Thu 27 Mar 2008 01:10 PM PST

-- Electronic Arts: Eric Brown, currently CFO at security firm McAfee, will take the same title at Electronic Arts (NSDQ: ERTS). The CFO slot became available earlier this week, with…

Take-Two Rejects EA Again As Inadequate; Adopts Poison Pill Plan While Exploring Alternatives - 1 Comment
Posted By Joseph Weisenthal - Wed 26 Mar 2008 04:14 AM PST

Once again, Take-Two says it’s rejecting EA’s $26 a share hostile offering, describing it as inadequate. This is no surprise: the firm had already rejected EA’s first offer of the…

Industry Moves: EA CFO Jenson Resigns In Midst of TTWO Bid - 0 Comments
Posted By Joseph Weisenthal - Mon 24 Mar 2008 07:01 AM PST

Video game maker EA has announced the surprise resignation of CFO Warren Jenson. So far, a replacement for Jenson, who has served in this role for since 2002, was not…

Take-Two Adopts New Change Of Control Severance Plan; No Update On EA Offer - 0 Comments
Posted By Joseph Weisenthal - Fri 07 Mar 2008 04:20 PM PST

Video game maker TakeTwo has adopted a new change-in-control severance plan, as it faces a hostile bid from larger rival Electronic Arts (NSDQ: ERTS). Under the new plan, the CEO…

Updated: Electronic Arts Makes A $2 Billion Cash Bid For Take-Two; TT Rejects Again, But Door Open - 3 Comments
Posted By Rafat Ali - Sun 24 Feb 2008 12:57 PM PST

Updated below: Electronic Arts (NSDQ: ERTS) has made a $2 billion cash bid for Take-Two Interactive, best known for “Grand Theft Auto”. Offer details (full offer release here as well…

EA Working On Social Games Incubator; Along With CAA - 0 Comments
Posted By Rafat Ali - Sun 10 Feb 2008 04:22 PM PST

Games behemoth Electronic Arts (NSDQ: ERTS) is going through a slew of changes, and one of the involved developing online ad-supported games, the first of which was launched last month.…

ADVERTISE ON PAIDCONTENT

Earnings: EA Q4 Revs Up 17 Percent; Swings To Loss On Rev Deferral, Charge - 0 Comments
Posted By Joseph Weisenthal - Thu 31 Jan 2008 02:26 PM PST

Video game maker Electronic Arts (NSDQ: ERTS) reported revenue of $1.5 billion in its critical quarter ending December 31, up 17 percent year-on-year from $1.28 billion. But the company swung…

EA To Launch New Battlefield Version As Ad-Supported Download - 0 Comments
Posted By Rafat Ali - Sun 20 Jan 2008 10:00 PM PST

Earlier last year, John Riccitiello promised to try hard to adapt the Electronic Arts (NSDQ: ERTS) behemoth to the rapidly changing gaming market, and is now taking his first major…

Earnings: EA Revenues Down 18 Percent, Net Loss Of $195 Million - 0 Comments
Posted By James Quintana Pearce - Thu 01 Nov 2007 03:15 PM PST

EA reported its Q307 earnings, showing net revenue of $640 million for the quarter, a fall of 18 percent year-on-year from $784 million. EA Gross profit for the quarter was…