Electronic Arts Goes Hostile on Take-Two
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Posted by Donster on: 2008-03-13 15:07:59 360
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Source: AP News
Video game maker Electronic Arts Inc. said Thursday that it has launched a hostile $2 billion tender offer for rival Take-Two Interactive Software Inc., the publisher of "Grand Theft Auto" and other video games.
The move takes the offer directly to Take-Two's shareholders after Take-Two rejected the offer late last month.
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News Source: Email
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