Warning: include_once() [function.include-once]: URL file-access is disabled in the server configuration in /home/lunabeanftp/public_html/news/20060206_bono_looking_to.php on line 20

Warning: include_once(http://www.lunabean.com/includes/header_index_test.html) [function.include-once]: failed to open stream: no suitable wrapper could be found in /home/lunabeanftp/public_html/news/20060206_bono_looking_to.php on line 20

Warning: include_once() [function.include]: Failed opening 'http://www.lunabean.com/includes/header_index_test.html' for inclusion (include_path='.:/usr/lib/php:/usr/local/lib/php') in /home/lunabeanftp/public_html/news/20060206_bono_looking_to.php on line 20

Bono looking to buy Take-Two?

Filed under: Video Game Politics
Posted by Lunabean on February 6, 2006 10:08 AM
Comments (0) |

Rupert Murdoch's New York Post is hardly a reliable source of information, so classify this one as "rumor".

According to the New York Post, Bono's private-equity firm, Elevation Partners, is looking to bid on the ailing video game publisher and developer Take-Two (the company responsible for "Grand Theft Auto" titles). If this buyout were to take place, Elevation Partners could merge Take-Two with video game developers Pandemic Studios and BioWare, which were acquired and merged by Elevation Partners just last year.

Continue Article ↓




Take-Two has been embattled in lawsuits since last year's "Hot Coffee" debacle. It has also had its fair share of stock market woes, as it has been under regulatory investigation for its "habit of restating earnings". It is because of these problems that analysts at Banc of America Securities believe that any takeover of Take-Two by any company is unlikely (Source: GamesIndustry.biz).






Post a Comment


All comments are welcome. An email address is required, however, it will not be published.











Latest News



Looking for LB walkthroughs?
LB Video Game Walkthroughs and Strategy Guides



Warning: include_once() [function.include-once]: URL file-access is disabled in the server configuration in /home/lunabeanftp/public_html/news/20060206_bono_looking_to.php on line 197

Warning: include_once(http://www.lunabean.com/includes/footer_no.html) [function.include-once]: failed to open stream: no suitable wrapper could be found in /home/lunabeanftp/public_html/news/20060206_bono_looking_to.php on line 197

Warning: include_once() [function.include]: Failed opening 'http://www.lunabean.com/includes/footer_no.html' for inclusion (include_path='.:/usr/lib/php:/usr/local/lib/php') in /home/lunabeanftp/public_html/news/20060206_bono_looking_to.php on line 197