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EA still chasing Take-Two

EA still chasing Take-Two

Posted by Andrew on Friday, 25th July 2008 @ 8:35AM

Electronic Arts have once again extended their offer to buyout shares of Take-Two Interactive, following the low number of shares tended following last months offer.

Their price offer of US$25.47 per share (for a total of around US$2BN) remains the same, along with our waning interest on the subject.

Take-Two CEO Ben Feder was slightly less subtle about the latest event in this ongoing saga;

"In February, Take-Two’s board rejected EA’s offer as inadequate. Since then, the record-shattering release of Grand Theft Auto IV, the exciting announcement of a BioShock movie, and our ability to deliver financial results exceeding expectations have further demonstrated that our value-creation potential is greater than EA’s offer."

Disclaimer: This is an archived news piece dated Friday, 25th July 2008. Pricing and special offers quoted may no longer be valid.

Related articles:


29/08/2008   Save $30 off BioShock on Xbox 360
16/10/2007   More Bioshock arrives on Xbox 360
14/09/2007   BioShock Collector's officially sold out
21/08/2007   NEWS ALERT! BioShock PC Demo now available!
20/08/2007   BioShock Xbox 360 -- sold out!
20/08/2007   PC demo for BioShock tomorrow
16/08/2007   NEWS ALERT: BioShock scores a perfect 10/10
13/08/2007   BioShock demo released!
10/08/2007   BREAKING NEWS: Bioshock officially GOLD
01/08/2007   Breaking news: UK issue of PC Gamer, just hit the news stands
07/06/2007   New BioShock Q and A
16/05/2007   BioShock Tin Box Edition confirmed
10/05/2007   BioShock footage on YouTube
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