165
rate

EA going after Take-Two

February 24, 2008 in News comments 3

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.
wohoo via thatvideogameblog.com »
Favourite this article Add source
| More
Report!

Comments

Register as a member to subscribe comments.
  • 1
    jmac353 Feb 24, 08
    Stop it Ea. Just stop it.
  • 0
    VeGiTAX2 Feb 24, 08
    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
    Twisted Feb 25, 08
    Never heard of Take-Two.
    EA is taking over the world.

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