92

EA going after Take-Two

wohoo | February 24, 2008 | News | Company 
Electronic Arts is going after Take-Two! They've offered a $2 billion acquisition but Take-Two has declined, resulting in EA making the offer public knowledge.
Electronic Arts announced today that they’ve made an offer to acquire Take-Two Interactive for about $2 billion.

EA wanted private negotiations to take place but since Take-Two didn’t accept their offer (which values their stock at $25 per share) by the given deadline, February 22, EA made good on their little threat and went public with the offer.
3 comments | go to source (www.thatvideogameblog.com) | Add to favorites! favourite this article | send to friend
Related Articles
136 Get banned from EA forums and you will be banned from EA games (15)comments October 30, 2008
Register as a member to subscribe comments.
  • 1 thumbs!
    jmac353 | February 24, 2008
    Stop it Ea. Just stop it.
  • 0 thumbs!
    VeGiTAX2 | February 25, 2008
    Take 2 board of directors already shot it down noting it wasn't in the best interest of the shareholders.

    In a later interview it is noted that if things dont entirely take off though that it could happen at some later point.
  • 0 thumbs!
    Twisted | February 26, 2008
    Never heard of Take-Two.
    EA is taking over the world.

This news story is archived and is closed to comments now.

Submit Newshelp
(0.1153/d/aeon)