Stockholders to EA: No DICE

by Alec Matias, Dec 14, 2004 2:05pm PST

Related Topics – Electronic Arts, Games: PC, EA DICE

A developing story is taking place as it appears the stockholders for Digital Illusions CE will not approve of the buyout by Electronic Arts at their current offer. One of Sweden's most respected business newspapers is reporting that two factions, controlling 16% and 12% of the stock, will not vote for the merger. 90% of the stockholders' support is needed for approval. Both stockholder factions feel that next year will yield them a large boost and that fact was not taken into account with EA's offer. DICE offered no comment at the time.

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23 Threads | 49 Comments

#49

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By: parker.ny x Show Full Post

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Yeah DICE! Stay independent and work on RalliSport Challenge 3 plz!

Dec 15, 2004 9:19am PST

Yeah DICE! Stay independent and work on RalliSport Challenge 3 plz! : parker.ny

#48

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By: adas3dhw x Show Full Post

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Ahhh.. Sweden, the last bastion of anti-consolidation.
Keep it up!

Dec 15, 2004 8:30am PST

Ahhh.. Sweden, the last bastion of anti-consolidation. Keep it up! : adas3dhw

#47

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By: rosewood x Show Full Post

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Go DICE! Shit, make some money and buy EA out of your company!

Dec 15, 2004 5:40am PST

Go DICE! Shit, make some money and buy EA out of your company! : rosewood

#46

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By: peppermd x Show Full Post

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ESPN NFL 2k5 is the best football game I've ever played.

Dec 15, 2004 5:37am PST

ESPN NFL 2k5 is the best football game I've ever played. : peppermd

#5

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By: STURM Mr Grey x Show Full Post

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I wonder how many entities EA will either buy out or have exclusive rights to by the time the next generation of console wars kicks off, pun intended. At least EA isn't trying to get exclusive rights to WWII games or something like that (NFL Games).

One good thing about this is that EA's stock will probably go up quite a bit. I own some of EA's stock.

Dec 14, 2004 2:18pm PST

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I wonder how many entities EA will either buy out or have exclusive rights to by the time the next gene... : STURM Mr Grey
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#23

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By: dilutedq x Show Full Post

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FUCK EA, THAT EVIL BIG MONEY MAKING COMPANY.

Dec 14, 2004 4:18pm PST

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FUCK EA, THAT EVIL BIG MONEY MAKING COMPANY. : dilutedq
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  because it is evil to make money. : snowbrd
  - No because they are evil. Then they make money. : Reeves
  - no it's money-making to be evil : tigeN
- hey guys I was being sarcastic. : dilutedq

#26

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By: haiku x Show Full Post

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Awww alec switched it to my suggested headline. I knew I should always write for the homepage.

Dec 14, 2004 4:25pm PST

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Awww alec switched it to my suggested headline. I knew I should always write for the homepage. : haiku
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- hehe...tis good : Madwacker
- I imagine that Charles Bronson-esque character from the Simpsons, every time I hear that phrase. "No dice : eskimo spy
- I just noticed... hehe... it's pretty dang good. :) : SilverSnake

#38

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By: uncle slappy x Show Full Post

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Did an article ever get posted about the NFL signing an exclusive contract with EA? That bothers me far more than this does=(

Dec 14, 2004 6:31pm PST

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Did an article ever get posted about the NFL signing an exclusive contract with EA? That bothers me far ... : uncle slappy
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  http://www.shacknews.com/onearticle.x/34854 ? : SilverSnake
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    Thanks, I was asking out of actual curiosity=) : uncle slappy
    - You need to read the front page a bit more... :p : SilverSnake

#30

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By: SpiderMonkey x Show Full Post

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Re: companies holding out for higher value.

And there was I thinking that the shareholders might have been acting out of ethical interest for what will happen to DICE (finish BF2, get absorbed into one of EA's mega-campuses, talent leaves, franchise continues but shittily).

I'm so naive.

When are gamers gonna start clubbing together to buy up stock in their favourite publicly-owned developers?

Dec 14, 2004 4:56pm PST

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Re: companies holding out for higher value. And there was I thinking that the shareholders might have ... : SpiderMonkey
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- It might be ethical reasons for some you know. The above article only quotes a spokes person for the 16% ... : SilverSnake

#22

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By: starvey x Show Full Post

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Please don't let this delay BF2.
Please don't let this delay BF2.
Etc. I'm all in favor of the little guy winning out, and the lack of assimilation, but I want my BF2 in March 05.

Dec 14, 2004 4:02pm PST

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Please don't let this delay BF2. Please don't let this delay BF2. Etc. I'm all in favor of the little ... : starvey
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- personally, i just want it to be good : feek
- owning 90% would make it much easier to fling that thing out the door well before it was ready, not that ... : krakhead420

#27

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By: arnold x Show Full Post

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When I think EA, I think

http://www.livejournal.com/users/ea_spouse

Dec 14, 2004 4:27pm PST

When I think EA, I think http://www.livejournal.com/users/ea_spouse : arnold

#12

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By: CerealSam x Show Full Post

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yield them a large boost? EA will only yield a small or medium sized boost?

Dec 14, 2004 3:02pm PST

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yield them a large boost? EA will only yield a small or medium sized boost? : CerealSam
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  Large boost in stock value and thus the amount EA has to pay to buy them out. : jrock
  - Yeah it makes sense for Dice. When BF2 hits, I'm sure they will be pulling in a lot of money. : ashke

#19

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By: rorshack x Show Full Post

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EA is the new "Half Life 2 almost gold".

Dec 14, 2004 3:41pm PST

EA is the new "Half Life 2 almost gold". : rorshack

#14

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By: docholoday x Show Full Post

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Thats awesome. Maybe EA won't ruin another great series after all. I realize that *maybe* the benefit to being part of a large publisher would be better financial support for your products durring the development phase, but all these smaller companies have all the creativity because they're not trying to keep those above them happy as well. Hopefully Dice will be able to continue to make what looks like is going to be a great game (BF2) and not be forced to cut corners to meet some crazy corporate production schedule.

Dec 14, 2004 3:09pm PST

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Thats awesome. Maybe EA won't ruin another great series after all. I realize that *maybe* the benefit to ... : docholoday
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- BF is nice and all, but i really like DICE for Rallisport and if EA buys them then Rallisport dies. So go... : iplay

#6

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By: majinpsyduck x Show Full Post

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DICE must understand that they are only prolonging the inevitable....

Dec 14, 2004 2:23pm PST

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DICE must understand that they are only prolonging the inevitable.... : majinpsyduck
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- ...Resistance is futile. : el_bandito

#13

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By: imperator x Show Full Post

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All it says in the article is that they will sell , but not untill some time 2005 when they predict share prices to be higher.

Dec 14, 2004 3:06pm PST

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All it says in the article is that they will sell , but not untill some time 2005 when they predict share... : imperator
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- It says they're not really opposed to selling to EA, but they are opposed to sell at the current price, a... : SilverSnake

#7

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By: Hatta x Show Full Post

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I think I heard something like this a few weeks ago. The reason for so many votes against, IIRC, was the low offer (61 SEK/share vs 120 SEK/share demanded my some minority shareholders), not because they're against EA.

Dec 14, 2004 2:28pm PST

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I think I heard something like this a few weeks ago. The reason for so many votes against, IIRC, was the ... : Hatta
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  anything to make life miserable for EA is fine with me, no mater the reasons ;D : humpx
  - mater = matter : humpx

#9

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By: Mondo x Show Full Post

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No DICE, this ain't ova

Dec 14, 2004 2:34pm PST

No DICE, this ain't ova : Mondo

#8

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By: iplay x Show Full Post

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haha fucking AWESOME

Dec 14, 2004 2:31pm PST

haha fucking AWESOME : iplay

#4

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By: dmason x Show Full Post

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Viva La Resistance!

Dec 14, 2004 2:12pm PST

Viva La Resistance! : dmason

#3

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By: Phreakin x Show Full Post

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All I can say is HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Dec 14, 2004 2:12pm PST

All I can say is HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA : Phreakin

#2

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By: maulla x Show Full Post

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awesome

Dec 14, 2004 2:11pm PST

awesome : maulla

#1

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By: Rice-Rocketeer x Show Full Post

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I don't like the BF games, but please let this be true, please let this be true, please let this be true.

Dec 14, 2004 2:07pm PST

I don't like the BF games, but please let this be true, please let this be true, please let this be true. : Rice-Rocketeer

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