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Old Feb 24, 2008, 02:42 PM   #1
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EA offers $2 billion to purchase Take-Two

Electronic Arts has made an offer to acquire Take-Two Interactive for approximately $2 billion, representing a 64 per cent premium over the company's 15 February closing price.

According to a company press release, EA's proposal was contained in a letter sent on February 19 by John Riccitiello to Strauss Zelnick. The Take-Two Board's rejection of the proposal caused EA to release the letter, bringing its proposal to the attention of all Take-Two shareholders.
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Source: Gamesindustry
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Old Feb 24, 2008, 02:58 PM   #2
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They also rejected it today lol, these guys make decisions fast ;p
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Old Feb 24, 2008, 04:18 PM   #3
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Take Two has a bright future, EA knows it.
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Old Feb 24, 2008, 07:50 PM   #4
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EA Fu**s evything up, EA & Atari are horrable evil companies theat do
not support thier products ofen buy competitors just to kill thier games
from competeing with thiers!
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Old Feb 25, 2008, 12:16 PM   #5
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This becoming a trend, over paying for companies like AMD did for ATI?
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