Electronic Arts Inc. (EA) / Take-Two Interactive Software (TTWO) and Codemasters (CDM.L) $1bn merger information including expected completion date, offer price and contact details are displayed in the acquisition details table below. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread.
This deal was successfully consummated on February 18, 2021
Merger Details | Value |
---|---|
Acquisition Target Stock Name | Codemasters |
Acquisition Target Stock Ticker | CDM.L |
Codemasters Investor Relations | Alma PR, 71-73 Carter Lane, London, EC4V 5EQ |
Codemasters (CDM.L) & Take-Two Interactive Software (TTWO) Merger Details | |
Acquirer Name and Ticker | Take-Two Interactive Software (TTWO) |
Announcement Date | November 5, 2020 |
Merger Status | FRIENDLY MERGER |
Expected Completion Date | Q1, 2021 |
Deal Value | $1bn |
Offer Value at Announcement | 4.89 GBP |
Payment Method | Cash plus Stock Deal |
Cash Payment | 120 pence per share |
Stock Ratio | 0.02834 TTWO shares for each CDM.L share |
Initial Announcement | 8-K Filing |
Take-Two Interactive Software Investor Relations | contact@take2games.com |
Codemasters Investor Relations | Alma PR, 71-73 Carter Lane, London, EC4V 5EQ |
Codemasters (CDM.L) & Electronic Arts Inc. (EA) Merger Details | |
Acquirer Name and Ticker | Electronic Arts Inc. (EA) |
Announcement Date | December 13, 2020 |
Merger Status | FRIENDLY MERGER |
Expected Completion Date | Q1, 2021 |
Deal Value | $1.2bn |
Offer Value at Announcement | 5.34 GBP |
Payment Method | All Cash Deal |
Cash Payment | 6.04 GBP |
Stock Ratio | N/A |
Initial Announcement | Press Release |
Electronic Arts Investor Relations | cevenden@ea.com |
Codemasters Investor Relations | Alma PR, 71-73 Carter Lane, London, EC4V 5EQ |
Actual Completion Date | February 18, 2021 |

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Codemasters (LONDON: CDM.L) & Take-Two Interactive Software (NASDAQ: TTWO) Merge
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Traders and shareholders can review similar merger details on current takeover stocks by first selecting “DEALS” from the main menu above, then “Current Cash Deals” or “Current Stock Deals“. For previous acquisitions, select either “Closed Deals” or “Failed Deals“. See our Spread Tracker News for mergers and acquisitions updates on the existing T20 Index portfolio constituents. Additionally, check out our customized M&A PR Newswire or Business Wire press release news feeds exclusively for Merger Arbitrage Limited.
Codemasters (LONDON: CDM.L) & Take-Two Interactive Software (NASDAQ: TTWO) Merger - Acquisition News and Events
The major acquisition news updates & events of Codemasters (CDM.L) by Take-Two Interactive Software (TTWO) are listed below. A comprehensive data source for Traders looking to familiarize themselves with the Take-Two Interactive Software (TTWO) merger with Codemasters (CDM.L) and trade the merger arbitrage spread
- Existing shareholders and investors wishing to stay abreast of the latest deal developments
Following the acquisition news section, there are in-depth company profiles.
- Take-Two Interactive (TTWO) Declines More Than Market: Some Information for Investors on 27th March 2025 at 5:50 pm
In the most recent trading session, Take-Two Interactive (TTWO) closed at $214.29, indicating a -0.74% shift from the previous trading day.
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- Take-Two (TTWO): Buy, Sell, or Hold Post Q4 Earnings? on 26th March 2025 at 12:54 pm
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- Take-Two Interactive Software (NASDAQ:TTWO) rallies 3.4% this week, taking five-year gains to 80% on 24th March 2025 at 7:00 am
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- Take-Two Interactive (TTWO) Beats Stock Market Upswing: What Investors Need to Know on 21st March 2025 at 5:50 pm
The latest trading day saw Take-Two Interactive (TTWO) settling at $213.42, representing a +1.81% change from its previous close.
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- Take-Two's Blockbuster Year: GTA 6, Strong Gaming Slate, And A Bullish Setup on 11th March 2025 at 10:42 am
- At US$202, Is Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Worth Looking At Closely? on 11th March 2025 at 7:00 am
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- Take-Two Interactive Software (NasdaqGS:TTWO) Launches WWE 2K25 Editions On Multiple Platforms For US$99 on 7th March 2025 at 1:31 pm
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- A Look At The Intrinsic Value Of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) on 4th March 2025 at 10:00 am
Key Insights The projected fair value for Take-Two Interactive Software is US$193 based on 2 Stage Free Cash Flow to...
- Rockstar Games to Acquire Video Games Deluxe on 3rd March 2025 at 9:00 am
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Growth stocks are a great way to build lasting wealth, but it's important to choose wisely. Buying shares of promising companies that are tapping into a huge market for their products can lead you […]
- Why Take-Two Interactive Software (TTWO) Is Among the Best Video Game Stocks to Buy Now on 28th February 2025 at 5:44 pm
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- PGA TOUR® 2K25 Tees Off Worldwide; Available Now on 28th February 2025 at 9:00 am
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- Videogaming’s All-In Bet: Can Two Titans Lift a $58 Billion Industry? on 28th February 2025 at 6:30 am
A new Nintendo Switch console and a “Grand Theft Auto” sequel spell a big year ahead for games, but there might be only a few winners.
- Take-Two Interactive Software Insiders Sold US$18m Of Shares Suggesting Hesitancy on 27th February 2025 at 8:00 am
In the last year, many Take-Two Interactive Software, Inc. ( NASDAQ:TTWO ) insiders sold a substantial stake in the...
- Is Take-Two Interactive Software (TTWO) One of the Best Fast Growth Stocks to Buy Right Now? on 20th February 2025 at 4:16 pm
We recently published a list of 15 Best Fast Growth Stocks To Buy Right Now. In this article, we are going to take a look at where Take-Two Interactive Software, Inc. (NASDAQ:TTWO) stands against […]
- Apple unveils iPhone 16e, Arista reports Q4 beat: Morning Buzz on 20th February 2025 at 1:00 pm
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- Take-Two Interactive: Vice City On The Way, Fasten Your Seatbelts! on 15th February 2025 at 8:16 am
- Take-Two Interactive Software, Inc. 2025 Q3 - Results - Earnings Call Presentation on 6th February 2025 at 11:11 pm
- Take-Two Interactive Software, Inc. (TTWO) Q3 2025 Earnings Call Transcript on 6th February 2025 at 10:22 pm
- Take-Two: Once In A Decade Opportunity on 2nd February 2025 at 6:00 pm
- Wall Street Lunch: Game Like A Rockstar on 30th December 2024 at 1:45 pm
- From GTA 5 To GTA 6: The Road To Record-Breaking Returns For Take-Two Interactive on 29th December 2024 at 1:46 pm
- Take-Two Interactive Q2: The Stock Is Still Appealing For 2025 on 8th November 2024 at 8:50 am
- Take-Two Interactive Software, Inc. (TTWO) Q2 2025 Earnings Call Transcript on 6th November 2024 at 10:16 pm
- Codemasters (CDM.L) & Take-Two Interactive Software (TTWO) Merger by Mal on 11th November 2020 at 6:45 am
The post Codemasters (CDM.L) & Take-Two Interactive Software (TTWO) Merger written by Mal first appeared on Merger Arbitrage Limited - By traders, for traders Electronic Arts Inc. (EA) / […]
Take-Two Interactive Software Company Profile
Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead Redemption names; and offers episodes, content, and virtual currency.
The company also develops brands in other genres, including the LA Noire, Bully, and Manhunt franchises. In addition, the company publishes various entertainment properties across various platforms and a range of genres, such as shooter, action, role-playing, strategy, sports, and family/casual entertainment under the BioShock, Mafia, Sid Meier’s Civilization, XCOM series, and Borderlands. Further, it publishes sports simulation titles comprising NBA 2K series, a basketball video game; the WWE 2K professional wrestling series. It also offers Kerbal Space Program, The Outer Worlds, Ancestors the Humankind Odyssey under Private Division.
Additionally, the company offers free-to-play mobile games, such as Dragon City and Monster Legends. Its products are designed for console gaming systems, including Sony’s PlayStation 4; Microsoft’s Xbox One; the Nintendo Switch; and personal computers comprising smartphones and tablets. The company provides its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.
Codemasters Company Profile
Codemasters is a video game developer and publisher, specialising in high quality racing games. Headquartered in Southam, Warwickshire, the company is one of the most recognised British game developers and publishers, with a 30 year track record of producing successful games.
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