Current Events > EA makes surprise bid for Codemasters, disrupting Take Two acquisition

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Antifar
12/13/20 2:26:57 PM
#1:


https://news.sky.com/story/games-giant-electronic-arts-gatecrashes-725m-codemasters-takeover-12160582

The American computer games giant Electronic Arts (EA) has gatecrashed the 725m takeover of Codemasters, the London-listed producer of some of the world's most popular motor racing titles.

Sky News has learnt that EA has tabled a potentially knockout bid for Codemasters, trumping an offer agreed last month with Take-Two Interactive Software, maker of the Red Dead franchise.

A gaming industry source said this weekend that EA was working with bankers at UBS on its offer.

The interest from EA, which has a market value of almost $40bn (30bn), is likely to be disclosed to the stock market on Monday morning.

EA is among the world's biggest computer games developers, and is best-known for its FIFA-licensed football titles, as well as games based on the Harry Potter books and Star Wars films.

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teepan95
12/13/20 2:27:38 PM
#2:


Please no
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Strider102
12/13/20 2:28:27 PM
#3:


EA wants to destroy everything

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KawiKa
12/13/20 2:30:05 PM
#4:


Pure greed.

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Jagr_68
12/13/20 2:34:07 PM
#5:


I cannot imagine the loot box coverage EA will flood Grid or Dirt with.

Actually on second thought, I can...

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TendoDRM
12/13/20 2:35:21 PM
#6:


On the one hand, fuck EA.

But on the other hand, haha fuck Take Two.

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DarthAragorn
12/13/20 2:40:50 PM
#7:


Jagr_68 posted...
I cannot imagine the loot box coverage EA will flood Grid or Dirt with.

Actually on second thought, I can...

And you think fucking Take Two won't do the same thing?
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harley2280
12/13/20 3:12:21 PM
#8:


Jagr_68 posted...
I cannot imagine the loot box coverage EA will flood Grid or Dirt with.

Actually on second thought, I can...

Take Two isn't any better in that regard.
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TheGoldenEel
12/13/20 3:16:20 PM
#9:


Honestly I think EA is the lesser of two evils here

EA seems to have been trying to distance themselves from their microtransactions reputation

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Blue_Target
12/14/20 9:52:10 AM
#10:


I am not too familiar with Code master's games but are Grid, F1, and Dirt really that popular to be worth over 1 billion dollars?

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