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CDM Codemasters Group Holdings Plc

602.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Codemasters Group Holdings Plc LSE:CDM London Ordinary Share GB00BFWZ2G72 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 602.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Take-Two Interactive Software's Offer for Codemasters Group Lapses

13/01/2021 7:54am

Dow Jones News


Codemasters (LSE:CDM)
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From Jul 2019 to Jul 2024

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By Ian Walker

 

Take-Two Interactive Software, Inc. said Wednesday that its offer for Codemasters Group Holdings PLC has now lapsed following the U.K. videogames developer and publisher's withdrawal of its recommendation last year.

On Dec. 14, Codemasters agreed to a 945 million pounds ($1.29 billion) cash takeover from Electronic Arts Inc., and withdrew its recommendation for a GBP759 million offer from Take-Two Interactive that had been agreed in November.

Take-Two Interactive said Wednesday that it remains "highly disciplined" with a strong balance sheet and that it will continue to pursue selective opportunities to boost growth.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

January 13, 2021 02:39 ET (07:39 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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