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May 17, 2008, 01:26 AM
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DH News MOD
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Deadline passes in EA bid to buy Take-Two Interactive shares
SAN FRANCISCO (AFP) - A deadline for Take-Two Interactive Software shareholders to agree to a buyout by video game giant Electronic Arts has passed with neither firm commenting on the takeover bid's fate.
EA took its two-billion-dollar offer directly to Take-Two shareholders after the board of directors rejected the bid, saying it undervalues the company behind blockbuster video games including the hot "Grand Theft Auto" franchise. ____________ Source: Yahoo |
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