EA puts out $26 tender offer for Take-Two

An excerpt from the Wall Street Journal…

Electronic Arts Inc. is taking its battle for Take-Two Interactive Software Inc. directly to the rival videogame publisher’s shareholders.

Following the rejection of its unsolicited bid to acquire Take-Two, EA plans a

tender offer to acquire all of Take-Two’s outstanding shares for $26 each, the price it offered the company last month, society familiar with the matter say.

Article here

gaming news, playstation3, nintendo wii, xbox 360, video games,Nintendo News
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