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Electronic Arts Likely to Extend Take-Two Buyout Offer

50°
323w ago - The clock is ticking down on Electronic Arts's takeover bid for publisher Take-Two, and the company remains steadfast in its refusal to buckle. But the publishing giant doesn't seem ready to give up so easily.

When Electronic Arts made their initial offer of $25.74 a share in late February, a much higher premium than what Take-Two was trading for at the time, they apparently expected Take-Two to immediately jump on the offer, according to Wedbush Morgan analyst Michael Pachter in an article from Forbes. But when Take-Two chairman Strauss Zelnick stonewalled, EA was stumped.

Now, with Grand Theft Auto IV on the market and Take-Two shares hovering around $26.59 a share, the takeover attempt seems to be at an impasse. Though Rockstar, 2K Boston, and 2K Sports remain tempting targets, there are other issues that may complicate the deal.

Many analysts can't agree on how much Take-Two is really worth, and any takeover would probably necessitate a special deal with Rockstar. Founder Sam Houser has previously stated that working with a larger publisher would mean wanting a larger share of the profits.

Speaking at a Tuesday press conference, EA CEO John Riccitiello dismissed questions about Take-Two but reiterated that one of EA's core goal over the next three years...
 

Tecmo Bowl: Kickoff announced for Nintendo DS and Wii

100°
325w ago - While at a press conference in Tokyo, Tecmo confirmed that it was working on a brand new Tecmo Bowl game for 2008, but it wouldn't even name a platform for which the game would appear. A company representative would tell the assembled media only that the game was "not going to be on the platform that you're thinking of right now."

Now, thanks to Kotaku online, we have a little more information on the games upcoming release. "When Tecmo announced last year that its classic footballer Tecmo Bowl was returning to unlicensed glory in 2008, it failed to mention just about anything beyond that.

No platform, no details, nothing but the sting of nostalgia. However, if the most recent rumors from EGM are to be believed, Tecmo Bowl is coming to the Nintendo DS and Wii, albeit in too very different forms."

The monthly rumor column from Quarterman says that a "classic version" of Tecmo Bowl is coming to the DS, with a "modern remake" Wii-bound. Considering that 1UP's account says that we can expect info in an upcoming issue "very soon" I suspect they know what they're talking about.

Little else is known about Tecmo Bowl: Kickoff, except that it will feature a customizable 32 team league, Wi-Fi compatibility and players controlled with the touch-screen.

The release is expected...
 

The very-awesome Haze official Web site!

50°
325w ago - This is a very cool Web site featuring nice aspects of this new Haze game made by Free Radical. I always enjoyed the co-op in other titles. I bet this was expensive and time consuming to make.

To quote: We're hoping Ubisoft's Haze official Web site is a good indicator on how much effort went into creating the game.

While most official sites do little more than give a few screenshots and videos, the Haze site goes above and beyond, creating a truly cinematic experience that puts other sites to shame.

Yes, you'll need a decently equipped rig to experience the site, but it's truly worthwhile.
 

Portal was offered to XBLA, but rejected

50°
325w ago - GamesIndustry.biz has learnt that Valve asked Microsoft if it was possible to place its award-winning Orange Box title, Portal, on Xbox Live Arcade for download, but that it was rejected.

"We'd love to do that. Right now it's something we'd love to do. I'd love to sell Portal on Xbox live," said Doug Lombardi, marketing director at Valve. "[But] the platform holders aren't doing that right now. There's a size limit and all kinds of other things.

"We've asked them, we said we were open to it. So it's a decision for the platform holder and how they want to make the games available and how much bandwidth they want to [allow]."

But Lombardi did hint that something might be possible in the future: "I think it's a trade-off, we'll see it one day.

"It always happens once it's been proven and I think it's been proven now on Steam, so I'm sure it'll migrate back to the consoles just like everything else does."

Portal was one of five titles available as part of last year's acclaimed Orange Box release, and won three awards - including Game of the Year - at this year's GDC event in San Francisco.

Microsoft increased the size limit for Xbox Live Arcade titles last March to 150MB, up from its previous limit of 50MB.
 

Sony's official PSP cradle is a thing of beauty!

350°
325w ago - Released in Japan, Sony's official PSP cradle is a magnificent thing of beauty. For those that want to use PSP as a mini-theatre of sorts will certainly want to snag this elegantly designed peripheral.

The remote will allow you to turn on your PSP, and control every function of the XMB.

For more images of the device, check it out over at PSP GadgetZ here.

Finally, a video can be seen here of it!
 
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