Dow Jones: Game Publisher Take-Two Mulling Bid for Vivendi Games Unit

Authored by Mark Hefflinger on April 29, 2003 - 9:43am.

Paris -- According to a Dow Jones report, New York-based video game publisher Take-Two Interactive, whose Rockstar Games division created the popular "Grand Theft Auto" game franchise, is currently "mulling a bid" for Vivendi Universal Games, the video game unit of the debt-laden media conglomerate. A source familiar with the situation told Dow Jones that Take-Two would have financial partners to aid its bid, and that the company has valued VU Games at $1 billion, below Vivendi's reported asking price of $1.6 billion. The report also stated that other suitors for VU Games include Thomas Lee Partners, General Atlantic and Francisco Partners, as well as Bain Capital with TA Associates. http://biz.yahoo.com/djus/030428/1143001118_2.html
http://www.vugames.com
http://www.take2games.com