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"When words are both true and kind, they can change our world." ~ Buddha
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Member Since: 3/2006Last Seen: 11/07/2009

Take-Two pushes back

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The first major ripple from Electronic Arts' takeover bid for Take-Two Interactive Software pulsated through the stock market Monday, driving Take-Two's share price up 55 percent, a company record.

Take-Two, publisher of the lucrative and controversial "Grand Theft Auto" video-game series, pointed to the market's reaction as proof that its stock has substantially more value than reflected in EA's offer of $26 cash per share. Take-Two's stock closed at $26.89, up $9.53, in the aftermath of EA's weekend decision to initiate a public campaign for shareholder support.

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{"commentId":1509684,"authorDomain":"michaelsautter"}

Take Two won't be taken-over easily.

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  • 2 votes
Reply#1 - Tue Feb 26, 2008 9:06 AM EST
{"commentId":1510037,"authorDomain":"russrenshaw"}

Look at that stock price. It's making me salivate.

{"commentId":1510037,"threadId":"225291","contentId":"1326236","authorDomain":"russrenshaw"}
  • 2 votes
Reply#2 - Tue Feb 26, 2008 10:45 AM EST
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