take over
Latest
Deutsche Telekom: T-Mobile / MetroPCS merger to be completed by June 2013
Just precisely how the T-Mobile / MetroPCS merger will pan out still seems yet to be decided. What is clear, however, is that majority share-holder, Deutsche Telekom, hope to have the deal done and dusted between April and June next year. CFO for the German giant, Timotheus Hoettges, told Boersenzeitung that we'll have to wait until the second quarter of 2013 before one of the parties will have to start ordering new stationary and corporate polo shirts. In the meantime he was keen to point out that not all current financial arrangements should feel ause for concern, noting shareholders wouldn't have their remuneration policy affected by the merger, thanks to the spiffy financial year it's had.
China clears Google acquisition of Motorola, eliminates last barrier to Googorola bliss (update)
The final significant roadblock to Google's buyout of Motorola has been cleared, as Chinese regulators have just given their rubber stamp. Their approval follows a few months after the simultaneous American and European clearances, and virtually all that's left now is to formally close the deal and start integrating the two mobile giants. It might still come too late for the combined entity to present a united front at Google I/O, but at least they won't have any awkward glances at each other across the room. We're just trying to decide on whether or not Googorola is the best pet name for the loving, $12.5 billion-dollar Android union. Update: Google has since told the AP that the deal will likely wrap up early next week, so Motorola should be part of the family well in advance of Google I/O. Also, Google has to keep Android freely usable by anyone for at least five years, although no one was expecting that to change anytime soon.
Apple, RIM, Google all bid on Palm?
We're having a hell of a time believing this, but BusinessInsider's Dan Frommer is citing "a source familiar with the negotiations" as saying that RIM, Google, and Apple -- yes, Apple -- were all in the mix for Palm at one point or another as the bidding war went on earlier this year. We all know how that story ended up playing out, but prior to HP's winning bid, RIM allegedly made a generous offer and could've ultimately come away with the prize had it not failed to re-up the bid (and may have even reduced it, looking at Palm's SEC filings) after HP made its move. For its part, Google apparently made some not-too-serious moves, primarily in a perceived head game with Apple. Speaking of Apple, the company was said to be in it primarily for Palm's sizable patent portfolio -- but is claimed to have also been interested in keeping the platform alive, possibly in an effort to compete in the physical QWERTY market where the iPhone has not. Of course, if you look way back, it's important to remember that Mac OS X itself is based on outside work (if you consider NeXT "outside"), so we guess that keeping webOS alive in some capacity after an Apple acquisition wouldn't be totally unprecedented -- but it'd still be really, really weird at best.
EA gives up trying to take over Take-Two
ACT XVII FADE IN:EXT. TAKE-TWO'S PARENTS' HOUSE -- Electronic Arts ("Eric") has packed up its boom box and is getting ready to drive off, fed up with trying so long to court Take-Two ("Trina"). TRINAWait! Where are you going?ERICLike I said in the letter I nailed to your door. "EA has decided not to make a proposal to acquire Take-Two and has terminated discussions with Take-Two."TRINABut but ... we talked in private on the phone. Even Felicia said it'd be okay. Was it something I said? Was it Niko?ERICI'm sorry, but it's over. I've been out here holding my boombox since March and my arms are very, very tired. I'm hungry, I'm going to go make a sandwich now. I've got 15 new games in my pocket -- Spore, Dead Space, Mirror's Edge, some sports titles, etc. I think I'm going to deal with those.TRINABut ... !ERICI'm sorry. Maybe some other time. ERIC LEAVES TRINA(shouting)Call me! FADE TO BLACK END OF SHOW ... ?
EA, Take-Two take buyout talks behind closed doors
The ongoing drama of who's eating who between mega publishers Electronic Arts and Take-Two has finally been taken behind the curtain, where it should have been all along. After coming to some measure of understanding, the companies have jointly signed a confidentiality agreement, agreeing not to blab about what may or may not happen as a result of ongoing talks until, you know, something actually happens. According to Reuters, EA has agreed as part of a regulatory filing with the SEC to not "make any further announcements regarding the status of any discussions or negotiations with Take-Two" until the pair come to some sort of mutual accord. We couldn't be happier, knowing that while the drama will likely continue to unfold for quite some time, at least we won't have to read (or write!) about it.
