Tencent raising billions to buy EA, Take-Two, or others

Kloudkicker · January 27, 2021

~Report: Tencent raising billions to buy EA, Take-Two, or others~ by Derek Strickland at TweakTown on SUN, JAN 24 2021 4:26 PM CST | UPDATED TUE, JAN 26 2021 1:54 PM CST: Source link

quoted from sorce

"Tencent is reportedly raising billions on a debt offer and may force hostile takeovers of a U.S.-based company, possibly Take-Two.

New reports say Chinese juggernaut Tencent is eyeing a billion-dollar acquisition of a U.S.-based gaming company. Who could it be?

Sources tell TMT Finance that Tencent is raising billions to buy out a new game company. Insiders believe Tencent could force a hostile takeover of Grand Theft Auto parent company Take-Two Interactive, or possibly make a deal to buy out EA.

The more likely scenario sees Tencent buying a South Korean developer, sources say. Targets include NetMarble, South Korea's biggest mobile game maker, and Nexon, the developer behind Dungeon Fighter. Tencent is already the third biggest shareholder in NetMarble with a 17.6% stake and could force a hostile takeover by acquiring more stake in the company. Tencent also has exclusive rights to publish Nexon's Dungeon Fighter in China, showing the giant has existing connections with both firms.

Tencent has not confirmed the validity of these rumors nor have they delivered a statement on the matter."

* This is the full article *

Kloudkicker · January 28, 2021

Now we just need 50 Cent (the rapper) to put in his two cents along with Tencent and we will be closer to a US one dollar( $1) game. ( USofA money humour )

TheMurderousCricket · September 18, 2021

A little late to the show, but who knows? Perhaps it would be for the best.

"Fake Poo" (ah, "Take Two", sorry, I do confuse company names) and its nightmarish DRM policies just completely ruin the fun of the games they publish. I wouldn't even shed a single tear over their takeover or foreclosure.