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Update: Is Warner Bros. Considering Buying Out Codemasters?

JGaskill
2 Comments

Posted June 25, 2009 - By Jake Gaskill

Warner Bros. Considering Codemasters Buyout?Updated: 12:50PM PST

Yesterday was a whirlwind of mergers and acquisitions, so it’s hardly surprising that somewhere lost in it all was the report that another major buyout could be on the way. As reported by VG247, Warner Bros. is seriously considering purchasing (and perhaps could already be in buyout discussions with) developer and publisher Codemasters.

Now, Warner Bros. took over Codemaster’s North American distribution rights for a year back in 2007, so the two companies obviously have at least some solid business history together. Whether or not that will translate into a full-blown buyout remains to be seen. If the purchase is imminent, then, as Gamesindustry.biz points out, it would mark the second major potential purchase for Warner Bros. in the past few weeks, as the company was reported to have made a bid on Mortal Kombat publisher Midway last month.

Shockingly, neither Warner Bros. nor Codemasters has commented on the rumor, and as of this writing, I have yet to hear back from either of them as well.

Update: Codemasters says that "there's no response being made to VG247’s rumour." No suprise there. As for Warner Bros. stance on this whole thing, I'm still waiting for a response.

Source

Tags: Videogames
Update: Is Warner Bros. Considering Buying Out Codemasters?
http://www.g4tv.com/thefeed/blog/post/696857/update-is-warner-bros-considering-buying-out-codemasters/
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