DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
January 23, 2018 
Main Menu
News archives

Who's Online
There are currently 706 people online.


Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller

Follow us

EA gets $1 billion loan commitment for Take-Two acquisition

Posted on Monday, May 12 2008 @ 01:02:59 CEST by

BusinessWeek reports game publisher EA received debt financing commitments of up to $1 billion for its bid on Take-Two:
EA said in a regulatory filing it has received a commitment from Morgan Stanley, the Bank of Nova Scotia and others for senior unsecured term loan financing of up to $1 billion for the offer, which expires May 16. EA is offering $25.74 for each share of Take-Two.

EA expects to pay about $2.1 billion for Take-Two's shares and related expenses. Take-Two has repeatedly called the offer too low, but has also said it was willing to enter formal takeover talks on April 30. The loan is valid until Jan. 9, 2009.

Jeff Brown, a spokesman for EA, said the financing was a procedural matter and not a sign of any new developments regarding the proposed acquisition.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2017 DM Media Group bvba