REDWOOD CITY, Calif. & STOCKHOLM, Sweden--(BUSINESS WIRE)--Jan. 25, 2005--Electronic Arts EA Holding AB ("EA") today announced the completion of its offer to the shareholders of Digital Illusions CE AB (publ) ("DICE").
The acceptance period for EA's offer to the shareholders of DICE, made on November 15, 2004, expired on January 20. Shareholders with a total of 3,235,053 shares in DICE(1), including Bonnier & Bonnier AB and DICE employees with significant shareholdings, have accepted EA's offer. This corresponds to 32.0% of the outstanding capital and votes in DICE. In addition to the above-mentioned offer, EA has acquired 898,264 shares in the market corresponding to 8.9% of the capital and votes in DICE.
Together with the 18.9% of the outstanding capital and votes already held by EA, EA now holds a total of 6,044,720 shares, a controlling interest representing 59.8% of the outstanding capital and votes in DICE. Additionally, EA holds warrants in DICE priced at SEK 47.23 which, if exercised, would bring EA's holdings to 67.3% of DICE shares. EA has not yet declared its intentions on whether those warrants will be exercised.
EA declares that the conditions for the tender offer have been fulfilled. Payment of the offer price to shareholders who have tendered their shares pursuant to the offer will commence and the transaction will be completed on or about January 27, 2005.
Interplay bought Taldren, killed them, then killed themselves!
Well to put it back where it started...there isn't ONCE PERSON HERE who didn't have problems with HL2.
Thank God the pack didn't make it to the Super Bowl. Although I probably would have invested in Jergen's stock - considering how much the announcers jerk him off.
I think you are having a personal PC problem
Merges and buyouts is nothing new. It's been happening forever. The only difference is we have the internet to make us aware of this stuff, AND we are listening and responding to the way a company behaves in the industry. Personally I hate EA! But unfortunately a lot of my favorite games are made by their wholy owned companies (DICE, etc.) So what do you do? It's a catch 22.