Electronic Arts has secured a loan commitment of up to $1 billion to aid in their efforts to acquire Take-Two, according to a recent SEC filing made by the company.
The funds, which come from a number of banks (Morgan Stanley, BNP Paribas, KeyBank), will be at EA’s disposal in the form of a senior unsecured [...]

Former Nintendo chairman Hiroshi Yamauchi is Japan’s richest man, according to a report in the the latest edition of Forbes Magazine.
Thanks in large part to the tremendous sales of the Wii and DS over the years, Yamauchi has a net worth of $7.8 billion, which increased by $3 million in the past year moving him [...]