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EA Still Wants DICE

by Steve Gibson, Dec 20, 2004 8:32am PST
Related Topics – EA DICE

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




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