PS2 News: Take Two Buys TDK Mediactive - PS2 News

Members Login: Register | Why sign up? | Forgot Password?

Take Two Buys TDK Mediactive

Take Two Interactive has finalized its acquisition of TDK Mediactive today, finally finishing up the deal that was proposed in September. Under the terms of the deal, Take Two will pay $12.8 million for TDK's 23,005,885 outstanding shares (a cost of $0.55 per share) and pay TDK Mediactive's former parent, TDK USA, $4.3 million in cash and $5.4 million in stock. The Shrek license isnít included in the deal, but since every Shrek game to this point has stunk, thatís not really a deal breaker. Take Two share value fell drastically after the announcement, certainly a big blow to all of our readers.

12/3/2003 Aaron Thomas

Put this on your webpage or blog:
Email this to a friend
Follow PSX Extreme on Twitter

Share on Twitter Share on Facebook Share on Google Share on MySpace Share on Delicious Share on Digg Share on Google Buzz Share via E-Mail Share via Tumblr Share via Posterous

Comments (0 posts)

There are no comments to display.

Leave a Comment

Please login or register to leave a comment.

Our Poll

What's your current view of the "PS4 Neo?"
Love the idea, I want it!
I'm okay with it, I think.
Well, I really need to learn more.
I'm a little disappointed.
I absolutely HATE it.

Previous Poll Results