EA Ends Pursuit of Take-Two

Iria · Sep 14, 2008, 10:30 PM

Electronic Arts (EA) has decided seven months is enough. It has decided to end its pursuit of Take-Two Interactive, which began --- and was rejected --- in late February.

In August, EA let its tender offer for Take-Two expire, but the company remained interested. The two companies continued discussion in private.

On Sunday, EA issued a press release which says discussions are terminated, once and for all.
_______________
Source: Tech-Ex

OmegaRED · Sep 14, 2008, 10:41 PM

Denied!

Tipstaff · Sep 15, 2008, 05:19 AM

Woot! Good news for these eyes to read.

Let's hope that now that they've been denied Take Two that they don't set their sights back on Ubisoft.

BlueMak · Sep 15, 2008, 05:51 AM

First good industry news in a long time.

Sep 14, 2008, 10:30 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 74	EA Ends Pursuit of Take-Two Electronic Arts (EA) has decided seven months is enough. It has decided to end its pursuit of Take-Two Interactive, which began --- and was rejected --- in late February. In August, EA let its tender offer for Take-Two expire, but the company remained interested. The two companies continued discussion in private. On Sunday, EA issued a press release which says discussions are terminated, once and for all. _______________ Source: Tech-Ex

Sep 14, 2008, 10:41 PM	#2
OmegaRED In Fedor We Trust Join Date: Oct 2002 Location: Ottawa , Canada Posts: 4,789 Rep Power: 85 System Specs	Denied! __________________

Sep 15, 2008, 05:19 AM	#3
Tipstaff DriverHeaven Extreme Member Join Date: Jul 2002 Location: Real capital of Canada: Toronto Posts: 5,532 Rep Power: 95 System Specs	Woot! Good news for these eyes to read. Let's hope that now that they've been denied Take Two that they don't set their sights back on Ubisoft. __________________ >><<

Sep 15, 2008, 05:51 AM	#4
BlueMak DH's Asteroids' Dominator Join Date: Nov 2004 Location: Hellas->Macedonia->Thessaloniki Posts: 8,257 Rep Power: 118 System Specs	First good industry news in a long time. __________________ The people who are regarded as moral luminaries are those who forego ordinary pleasures themselves and find compensation in interfering with the pleasures of others(Bertrand Russell)"You go into Afghanistan, you got guys who slap women around for five years because they didn't wear a veil,You know, guys like that ain't got no manhood left anyway. So it's a hell of a lot of fun to shoot them." - Lt. Gen. James N. Mattis This is slavery, not to speak one's thought. [Euripides-The Phoenician Women (c.411-409 B.C.)] http://www.macedonia.info/FALLACIESANDFACTS.htm *Sic semper tyrannis.*

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