Electronic Arts Inc. (NASDAQ:ERTS) today announced preliminary financial results for its fiscal second quarter ended September 30, 2008. Fiscal Second Quarter Results (comparisons are to the quarter ended September 30, 2007) Net revenue for the second quarter was $894 million, up $254 million as compared with $640 million for the prior year. During the quarter, [...]

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After Warren Jenson Leaving EA as Chief Financial Officer, Eric Brown to Join Electronic Arts as Chief Financial Officer. Electronic Arts Inc. (“EA”) (NASDAQ:ERTS) today announced the appointment of Eric Brown as Chief Financial Officer and EVP. A former EA executive, Mr. Brown, 42, joins the company from McAfee Inc. where he served as Chief [...]

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Electronic Arts Inc. (“EA”) (NASDAQ:ERTS) today announced that Chief Financial Officer Warren Jenson will be leaving the company. Mr. Jenson has served as EA’s CFO since 2002 and will stay with the company to assist with its fiscal year-end close and financial reporting process. He has also agreed to help transition his successor into the [...]

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Electronic Arts Inc. (“EA”) (NASDAQ:ERTS) today announced that a wholly owned subsidiary of EA commenced a tender offer for all of the currently outstanding shares of common stock of Take-Two Interactive Software, Inc. (“Take-Two”) (NASDAQ:TTWO) for $26.00 per share in cash. The offer is valued at approximately $2 billion and represents a 64% premium over [...]

Continue reading " EA Commences All Cash Tender Offer to Purchase Take-Two Interactive Software Shares for $26.00 Per Share "