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Tag Archive: offer

AT&T Has A Limited $50 NetBook Offer

AT&T Has A Limited $50 NetBook Offer

AT&T is trying to lure in customers with the offer of a netbook for just $50 when users signed a contract for two years of service, covering both DSL at home and wireless 3G. The plans begin at $60 a month – but for now the offer is only available in Atlanta and Philadelphia. Those signing up will also have access to AT&T’s Wi-Fi network, which covers thousands of hotspots.

In a statement, David Christopher, chief marketing officer for mobility and consumer markets at AT&T said:

"Pairing mini-laptops with AT&T’s home, Wi-Fi, and mobile broadband offerings enables consumers to get the most from their new devices, virtually anywhere, anytime."

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Free Laptop Upgrades From Fujitsu Siemens

Free Laptop Upgrades From Fujitsu Siemens

It’s certainly an attractive offer. Vnunet reports that Fujitsu Siemens has started a scheme called Lifebook 4 Life, which offers customers a free upgrade to a new Lifeook laptop every three years for life, as long as the customer meets the terms and conditions. Three of those are purchasing a new Lifebook before April 2009, registering the purchase within 21 days, and – before you get your credit card – living in the UK.

The company also has another plan that extends the warranty on its Esprimo laptop to three years. If the machine breaks in that time, not only will the company replace it, but also refund the purchase price. The same conditions as the Lifebook offer apply.

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EA Walks Away from Take-Two Takeover

Video game publisher Electronic Arts has formally terminated negotiations to take over controversial Grand Theft Auto publisher Take-Two Interactive…after getting a look at Take-Two’s future project plans and due diligence materials disclosed as part of the companies’ negotiations. The announcement sent the price of Take-Two shares plunging, as potential investors had been looking forward to a payday with an EA acquisition.

“After careful consideration, including a management presentation and review of other due diligence materials provided by Take-Two Interactive Software, EA has decided not to make a proposal to acquire Take-Two and has terminated discussions with Take-Two,” the company said in a brief statement.  Read more...

EA To Let Take-Two Takeover Offer Expire

EA To Let Take-Two Takeover Offer Expire

The world’s largest video game publisher, Electronic Arts, has said it will let its $2 billion takeover offer for the Take-Two Interactive expire today, bringing and end to its unsolicited bid to buy up the publisher of BioShock and the controversial Grand Theft Auto franchise.

In a statement, EA said it didn’t believe it could benefit from acquiring Take-Two before the end-of-year holiday shopping season, and had to re-assess the value of its offer of $25.74 per share.

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EA Extends Take-Two Offer…Again

EA Extends Take-Two Offer...Again

Video game publisher Electronic Arts has again extended its $2 billion tender offer to buy out Grand Theft Auto publisher Take-Two Interactive. EA is offering over $25 per share to investors in Take-Two in a bid to take over the company; Take-Two has repeatedly rejected the offer as too low, and has been urging its investors to stay away.

Apparently Take-Two’s investors agree with the company’s leadership: EA originally set out the offer back in February this is the fifth time EA has extended the deadline on its tender offer. To date, only about 11.7 million Take-Two shares have been entered into the tender offer, equivalent to about 15 percent of Take-Two’s outstanding shares. The new cut-off date is midnight eastern time, August 18.

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EA Extends Take-Two Offer

Grand Theft Auto IV is out the door—and setting sales records—but gaming giant Electronic Arts isn’t giving up on its unsolicited offer to buy out publisher Take-Two for $25.74 per share, or about $2 billion. Instead, the company ha extended its tender offer for outstanding shares of Take-Two stock, hoping it can convince enough investors to fork over their interest in the company so it can take over.  Read more...

Take-Two Urges Investors to Reject EA Offer

Take-Two Urges Investors to Reject EA Offer

In a fresh rejection, Take-Two Interactive is urging its investors not buy into Electronics Arts’ $26-per-share offer to take over the game publishers…at least until after the hotly-anticipated Grand Theft Auto IV ships, or a better offer comes along.

“Our Board, after careful review, has unanimously determined that Electronic Arts’ offer continues to provide insufficient value and remains opportunistically timed to capture the value of the upcoming Grand Theft Auto IV launch at the expense of our stockholders,” said Take 2 CEO Strauss Zelnick, in a statement.

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EA Attempts Hostile Takeover of Take-Two

EA Attempts Hostile Takeover of Take-Two

Giant video game developer and publishers Electronic Arts is serious about wanting to buy controversial game developer Take-Two: it’s going directly to Take-Two’s shareholders and offering them $26 per share in a move calculated to take Take-Two’s management board out of the equation. Unless extended, EA’s offer expires April 11, the day after Take-Two’s anticipated board meeting on April 10.

Electronic Arts announced in late February that it had taken its $26 per share offer to Take-Two’s board, but had been rejected. Take-Two CEO Strauss Zelnick characterized EA’s offer as “the wrong price and the wrong time..”

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Say Goodbye to Unlocked German iPhones

Say Goodbye to Unlocked German iPhones

Even though German phone company Deutsche Telekom has been legally compelled to offer unlocked iPhones for weeks following a lawsuit from competitor Vodafone, as it turns out, the matter wasn’t entirely settled. On Tuesday, a Germany court overturned Vodafone’s hard-won injunction, allowing T-Mobile (an arm of Deutsche Telekom) to stop selling unlocked iPhones in the future.

At issue is whether or not T-Mobile violates German anti-competition laws by selling iPhones that work exclusively on its own network. Unlike other common arrangements in which networks subsidize the purchase of a phone in exchange for a contract, T-Mobile does not help its customers foot the bill, which may have helped its case in court.

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Dolby Laboratories Files For IPO

The offering will include shares to be sold by Dolby Laboratories and by Ray Dolby, founder and principal shareholder of Dolby Laboratories.

The offering is being made through an underwriting syndicate led by Morgan Stanley, which will act as book-running co-lead manager, with Goldman, Sachs & Co. as the other co-lead manager, J.P. Morgan Securities Inc. as senior co-manager, and Adams Harkness and William Blair & Company as co-managers.  Read more...

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