Take-Two officially pulls its offer for Codemasters following accepted EA bid

From VGC: "Take-Two has announced it’s pulled its original offer to purchase UK-based Dirt and F1 publisher Codemasters, following the agreement of a rival bid from Electronic Arts.

The GTA parent had agreed an offer to purchase the veteran racing game firm, valuing it at $980m, but it was later outbid by EA which agreed an increased offer of $1.2 billion. The Codemasters board then withdrew its recommendation for Take-Two’s offer."

[justsomeoffdude]

oh no... codemasters devs should better start updating their CVs

[lelo2play]

Don't be mean!.... but it's true.

[bouzebbal]

RIP codemasters.. Legendary studio

[LucasRuinedChildhood]

I'd prefer if EA got them over 2K, tbh. 2K's micro-transactions are way worse.

[ZwVw]

Knowing EA, they will force Codemasters to start using the Frostbite Engine for the Dirt series (and their other properties) going forward.

[Teflon02]

It's take two, not 2K. Take Two is okay generally imo it's once it's under 2K that's the issue. But I'd assume it would run like Rockstar and 2K as opposed to being in 2K. But then again I didn't read the article and only the headline so I'm probably wrong to assume that 😂😂

[StoneyYoshi]

RIP Codemasters.... It was fun while it lasted. I have no faith in EA for their past acquisitions. They are probably going to have them be part of the NFS franchise but meybe they will keep the dirt franchise going without screwing them up with mtx.

[Toiletsteak]

Noooooooooooooooooooooooo!

[Whitey2k]

Thats not a suprise its all about the money at the end of the day. I mean sony could do the same with zenimax if they wanted to lay down 8.5

[solideagle]

Sony cannot afford billion dollar acquisitions. they are not MS/Apple/Amazon/Google

[Whitey2k]

Im sure they have that amount of money if they are that tight sony might aswell pull out of the console race

[sin7279]

Wtf you talking about??

[Chevalier]

Wtf are you talking about? Sony bought Crunchyroll for over $1 billion and add in Insomniacs they spent like $1.5 billion last year.

[Silly gameAr]

They have that amount of money, they're just not desperate enough to use it.

[Zhipp]

@Chevalier
Insomniac was only $229 million.

[Army_of_Darkness]

@solideagle

Sony can totally afford it. They are worth over 40 billion, but Sony is smart about their acquisition. They buy great studios, not ridiculously expensive ones.

[Chevalier]

@Zhipp

"Insomniac was only $229 million"

Yeah and Crunchyroll cost Sony $1.2 billion and add in Insomniacs and that's just shy of $1.5 billion. Please learn to read I said Crunchyroll and ADD in Insomniacs. So either you can't do basic math or can't read. Or both.

[PrinceAli]

I HATEEEE EA!!! Let's not even get that confused for a second!!! BUT this certainly is the better option for Codemasters even at he fear of getting closed down because Take 2 woulda turned their franchises in a 2K franchise with an ultimate amount of VC and stupid gacha mechanics

[Sgt_Slaughter]

I don't think you realize how deadly it is to be acquired by EA.

You either lose your identity or you get shut down and absorbed into a different division.

[Rainbowcookie]

Lootbox racers 64

[GrizToof]

Goodbye Codemasters, it was nice knowing you.

[Knightofelemia]

Anybody else but f*cking EA chalk that up to another studio I like that EA will ruin this is the point where you want to jump ship and go some where else RIP Codemasters. I wonder how long before EA closes down Codemasters?

[Kaii]

Signing to a Publisher that screwed over Titalfall 2 & launched BF 5 & BF 2 in atrocious states, congratulations.
You're not really going to miss CM games, Fast & Furious Crossroads was developed by a subsidiary studio of the British video game developer Codemasters.

Meh

[badboyz09]

{R.I.P} Codemasters

Dirt and Grid you will be missed

[badboyz09]

This Sums of what EA just just did. Listen to what he starts to say at 4:40. Codemasters as we NO are GONE!

https://youtu.be/5P5hYvlKz7...

[jamesclark1991]

2021: Codemasters
2022: Lootmasters

[badboyz09]

Codemasters CEO said take the money and run.

[xVOLTx]

RIP Codemasters.

[AuraAbjure]

Whatever. I got Dirt 4 and Rally 2. I'm happy.