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IN BRIEF: Codemasters Shareholders Approve Codex Takeover
Codemasters Group Holdings PLC - Warwickshire-based video game developer - Shareholders approve takeover by Codex Games Ltd, a subsidiary of Electronic Arts Inc. The shareholder vote comes after directors approved the deal, who preferred the bid after US video game publisher Take-Two Interactive Software Inc allowed its GBP726 million offer for Codemasters to lapse. In mid-December, Codemasters accepted the takeover bid from Take-Two's larger US rival EA for GBP945 million, or 604 pence per share in cash. Next step is for the scheme to be approved in court, scheduled for February 16.
Current stock price: 602.00 pence
Year-to-date change: down 8.0%
By Paul McGowan; paulmcgowan@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Latest CDM News
- IN BRIEF: Codemasters Takeover By EA Sanctioned By Court
16 Feb 2021 - Bidstack Beats Full-Year Market Revenue Forecast, Loss To Widen
1 Feb 2021 - UK Shareholder Meetings Calendar - Next 7 Days
27 Jan 2021 - IN BRIEF: Codemasters Directors Vote In Favour Of Codex Takeover
20 Jan 2021 - Take-Two Interactive Allows Rejected Codemasters Offer To Lapse
13 Jan 2021 - Take-Two Interactive offer for Codemasters lapses
13 Jan 2021 - IN BRIEF: Codemasters Seeks Approval For Acquisition By Codex Games
7 Jan 2021
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CDM.L News
IN BRIEF: Codemasters Takeover By EA Sanctioned By Court
IN BRIEF: Codemasters Takeover By EA Sanctioned By Court
IN BRIEF: Codemasters Shareholders Approve Codex Takeover
IN BRIEF: Codemasters Shareholders Approve Codex Takeover
Bidstack Beats Full-Year Market Revenue Forecast, Loss To Widen
Bidstack Beats Full-Year Market Revenue Forecast, Loss To Widen
UK Shareholder Meetings Calendar - Next 7 Days
UK Shareholder Meetings Calendar - Next 7 Days
IN BRIEF: Codemasters Directors Vote In Favour Of Codex Takeover
IN BRIEF: Codemasters Directors Vote In Favour Of Codex Takeover
Take-Two Interactive Allows Rejected Codemasters Offer To Lapse
Take-Two Interactive Allows Rejected Codemasters Offer To Lapse
Take-Two Interactive offer for Codemasters lapses
(Sharecast News) - New York-based video games giant Take-Two Interactive said on Wednesday that its offer for UK game developer Codemasters Group had ...
IN BRIEF: Codemasters Seeks Approval For Acquisition By Codex Games
IN BRIEF: Codemasters Seeks Approval For Acquisition By Codex Games
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