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Take-Two: Sorry EA, Your Offer's Not Good Enough
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Posted by Donster on: 2008-03-26 17:30:58 400
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Men with briefcases look at EA's offer, shake heads in disapproval
By Stuart Bishop @ CVG
EA's fishing for Take-Two with dollars has taken a new turn this morning, with the latter company essentially saying EA's offer isn't good enough.
In a business jargon-littered monster press release on the matter - which we got about ten percent of the way through before almost nodding off - it's noted that Take-Two's board has deemed EA's cash offer of $26 per share inadequate "in multiple respects and contrary to the best interests of Take-Two's stockholders".
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