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> EA receives 1 billion USD loan commitment to buy Take2
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post May 10 2008, 05:36 AM
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EA receives 1 billion USD loan commitment to buy Take2
Posted by XanTium | May 10 00:36 EST | News Category: GamingGeneral
 
From gamesindustry.biz:
[QUOTE]
In a form SC TO-T/A filed today with the SEC, Electronic Arts indicated that it has received a commitment for up to USD 1 billion in senior unsecured term loan financing towards its attempted acquisition of Take-Two.

EA indicated that it expected the cost of the merger to be approximately USD 2.1 billion, and that as of March 31 it had cash and equivalents in the amount of USD 2.3 billion.
[/QUOTE]

Full Story: gamesindustry.biz

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Xbox-Scene   EA receives 1 billion USD loan commitment to buy Take2   May 10 2008, 05:36 AM
tutu   This would see the end of GTA as we know it.   May 10 2008, 06:19 AM
luther349   man that would plain out suck. i guess if you cant...   May 10 2008, 08:55 AM
viperware   The GTA franchise is worth far more than $2 b...   May 10 2008, 09:19 AM
irnchriz   It would definitely be the end of GTA as we know i...   May 10 2008, 10:56 AM
hamwbone   every thing would change, ahhh! cluckin bell w...   May 10 2008, 01:15 PM
BasicAir   Absolutely horrible news. EA hasn't made a gam...   May 10 2008, 05:09 PM
jdsony   While I haven't yet played GTA 4 (will be in a...   May 12 2008, 09:03 PM





 

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