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View Full Version : EA Changes It's Offer To DICE


S. J. Tubbrit
12-21-2004, 07:41 AM
http://home.businesswire.com/portal/site/altavista/index.jsp?ndmViewId=news_view&newsId=20041219000006&newsLang=en

SpiralFace
12-21-2004, 08:18 AM
Ok, I know that I'm going to sound like a complete moron for this, but in a nut shell what does this mean?

Are they trying to buy out DI through a majoraty of its stocks and the current stock holders are given a period to accept this?

I'm interested in this, its just that I don't fully understand it, so if some one can give me a good lecture and shake some sense into me about this, it whould be greatly appriciated.

PhilOsirus
12-21-2004, 05:26 PM
Here is a simpler explanation from gamesarefun.com (http://www.gamesarefun.com/news.php?newsid=4068):

A week ago, we reported (http://www.gamesarefun.com/news.php?newsid=4026) on an attempt by Electronic Arts (http://www.gamesarefun.com/gamesdb/search.php?by=Company&search=Electronic%20Arts) to buyout Digital Illusions, also known as DICE, the company behind the Battlefield (http://www.gamesarefun.com/gamesdb/search.php?by=Game&search=Battlefield) games. The majority of DICE's stockholders voted no to the deal, and since it required 90% to go through; it was rejected.

[...]

EA has extended the offer to January 20, 2005. They would still need 90% of the shareholders to vote yes for it to go through, but it's looking more and more like it will happen.

SpiralFace
12-22-2004, 02:18 AM
ah,

Thanks a bunch Tubbrit.
Man its EA corperate buy out season now is'nt it? First 20% of Ubisoft and now this! sigh. its a shame that all these games are probably going to become a whole lot worse with EA at the reigns.

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