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Thread: Take-Two is in talks to acquire Codemasters for nearly $1 billion

  1. #1
    WMD Member DinoM's Avatar
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    Take-Two is in talks to acquire Codemasters for nearly $1 billion

    Take-Two is in talks to acquire Codemasters for nearly $1 billion

    "Take-Two Interactive has confirmed that it has made a "possible offer" to fully acquire UK-based racing studio Codemasters in a deal that Reuters says will be worth $973 million. Assuming the deal is completed, the buyout would also give Take-Two ownership of Project Cars developer Slightly Mad Studios.

    The offer will be contingent upon multiple factors, Take-Two said in a statement, including the completion of due diligence and a thumbs-up from the Codemasters board of directors. That part of it seems like a done deal already, as Codemasters said in a statement of its own that the board intends to "recommend unanimously that Codemasters' shareholders accept the Possible Offer."

    "Take-Two believes that the combination of Take-Two and Codemasters would bring together two world-class interactive entertainment portfolios, with a highly complementary fit between Take-Two's 2K publishing label and Codemasters in the racing genre," the publisher said.

    "In addition, Take-Two believes that it can bring benefits to Codemasters' performance by leveraging Take-Two's global distribution network and 2K’s core operating expertise in publishing, including live operations, analytics, product development, and brand and performance marketing."

    Under the rules of the UK City Code on Takeovers and Mergers, Take-Two must either commit to making an offer for Codemasters, or walk away from the process, by December 4. "



    WTF??
    Last edited by DinoM; 07-11-2020 at 15:38.
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  2. #2
    Superkart Pilot
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    Imagine an F1 2K21 game. NBA style... lol
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  3. #3
    Superkart Pilot MDGourley's Avatar
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    Quote Originally Posted by DinoM View Post
    Take-Two is in talks to acquire Codemasters for nearly $1 billion

    "Take-Two Interactive has confirmed that it has made a "possible offer" to fully acquire UK-based racing studio Codemasters in a deal that Reuters says will be worth $973 million. Assuming the deal is completed, the buyout would also give Take-Two ownership of Project Cars developer Slightly Mad Studios.

    The offer will be contingent upon multiple factors, Take-Two said in a statement, including the completion of due diligence and a thumbs-up from the Codemasters board of directors. That part of it seems like a done deal already, as Codemasters said in a statement of its own that the board intends to "recommend unanimously that Codemasters' shareholders accept the Possible Offer."

    "Take-Two believes that the combination of Take-Two and Codemasters would bring together two world-class interactive entertainment portfolios, with a highly complementary fit between Take-Two's 2K publishing label and Codemasters in the racing genre," the publisher said.

    "In addition, Take-Two believes that it can bring benefits to Codemasters' performance by leveraging Take-Two's global distribution network and 2K’s core operating expertise in publishing, including live operations, analytics, product development, and brand and performance marketing."

    Under the rules of the UK City Code on Takeovers and Mergers, Take-Two must either commit to making an offer for Codemasters, or walk away from the process, by December 4. "



    WTF??
    Indeed....It's just a business that can be bought and sold so no need to get attached to anything these days.....excuse my ignorance ...who's 'Take-Two' ?

    Might have to do a Google Search on them...lol

    Google Search - Wikipedia...Take-Two Interactive Software, Inc....a very interesting read and as of March 2018, it is the third-largest publicly traded game company in the Americas and Europe after Activision Blizzard and Electronic Arts, with an estimated market cap of US$13 billion
    Last edited by MDGourley; 07-11-2020 at 17:17.
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  4. #4
    Superkart Pilot
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    After reading this I only wonder:
    does it mean they will fix more bugs?

  5. #5
    Superkart Pilot
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    Quote Originally Posted by Zinnsash View Post
    After reading this I only wonder:
    does it mean they will fix more bugs?
    Nope

  6. #6
    Lead Moderator Konan's Avatar
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    TAKE2 is the company that owns Rockstar and 2K....Them buying CM will not necessarily mean that SMS will lose their identity.
    Seeing they are still called SMS underneath the wings of CM,to me that means that agreements were made to secure their independance...
    AN OUTLAW MIGHT GIVE IN TO DESTINY BUT HIS LEGEND LIVES ON FOR ETERNITY!

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  7. #7
    Lead Moderator Konan's Avatar
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    Quote Originally Posted by Zinnsash View Post
    After reading this I only wonder:
    does it mean they will fix more bugs?
    That's a pretty cheap shot,knowing bug fixes are still ongoing ( not even mentioning the game has only released two months ago)
    AN OUTLAW MIGHT GIVE IN TO DESTINY BUT HIS LEGEND LIVES ON FOR ETERNITY!

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  8. #8
    Lead Moderator Konan's Avatar
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    Quote Originally Posted by ATSS View Post
    Nope
    See my post above...
    AN OUTLAW MIGHT GIVE IN TO DESTINY BUT HIS LEGEND LIVES ON FOR ETERNITY!

    DIY rig walk-through :

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  9. #9
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    Dear Konan, you keep repeating about PC3 beeing released just two months ago. I have also some older titles installed on my ps4, I don' t really play them now, but what I can see is that some of them have 2-3 patches released in the time we receive one patch for PC3. Some games tent to release a patch every 1-2 weeks. And I honestly couldn't really see any issues in those games while playing them. And I can see BIG issues in PC3.

    What is more, some of those games were cheaper than PC3 and still provide better after sales support in form of fixing things.

    As last upadate made me not able to use some of the cars that I already bought, I can only cry or laugh. I prefer the second one. Well there is third option, but I am too poor to burn my PC3 copy.

  10. #10
    Lead Moderator Konan's Avatar
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    I don't know, a 20+GB patch is showing lack of fixing things?
    AN OUTLAW MIGHT GIVE IN TO DESTINY BUT HIS LEGEND LIVES ON FOR ETERNITY!

    DIY rig walk-through :

    http://forum.projectcarsgame.com/sho...nd-walkthrough

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