The video game industry has been dubbed “recession proof” from a number of analysts, but even they felt the blows of yesterday’s huge market losses. With the Dow Jones average dropping 777 points (the largest one-point drop in history), a number of publishing heavyweights were affected as well.
Share prices of Activision Blizzard fell 13.8 percent [...]

Electronic Arts announced this morning that they have once again extended their offer for Take-Two to August 18 at 11:59 p.m.. Their latest offer for the company went by quietly expired last Friday on July 18.
“Extending the tender offer allows the FTC review process to continue. The proposed transaction is still subject to certain conditions [...]