EA Still Wants DICE

December 20, 2004 8:32 AM

As was reported here earlier, EA's first bid to buyout DICE didnt quite make it the first time around. So EA is now making a new offer and extending the approval period in hopes of their second shot being approved by investors.

EA today changes the condition above and conditions the offer upon an acceptance level through which EA would become the owner of more than 50% of the total number of shares representing more than 50% of the capital and votes in DICE after dilution upon exercise of employee warrants outstanding under the option program launched in 2002. As a consequence of this, the acceptance period is extended to January 20, 2005

Steve Gibson

Steve Gibson is the cofounder of Shacknews.com. Originally known as sCary's Quakeholio back in 1996, Steve is now President of Gearbox Publishing after selling Shacknews to GameFly in 2009.

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Evil Furby

 reply
December 20, 2004 8:34 AM

Sheesh! I think one of these days EA will become the Borg/develop SkyNet. Then we're really screwed.
- NFXFSX
  
   reply
  December 20, 2004 8:36 AM
  
  We're doomed.
- Holesinswiss
  
   reply
  December 20, 2004 9:20 AM
  
  DOOMED!
- Fred Garvin
  
   reply
  December 20, 2004 10:05 AM
  
  Don't worry when they release the first Skynet it will crash a lot and there won't be enough servers to control everyone. We'll have to wait each year for progressively invasive updates: Skynet 2010, Skynet 2011, Skynet 2012...
- rorshack
  
   reply
  December 20, 2004 1:22 PM
  
  Hey, we have Steam to save us yes, we're screwed.