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"When words are both true and kind, they can change our world." ~ Buddha
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Game Giant Electronic Arts Begins Hostile Bid for Take-Two

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Game publisher Electronic Arts is turning to shareholders in its fight to acquire rival Take-Two Interactive Software. The world's largest game publisher announced yesterday that it would pay $26 per share of Take-Two stock, the same price the Take-Two board rejected last month.

"We believe Take-Two investors will see our tender offer as the best way to maximize the value of their investment in Take-Two," EA chief executive John Riccitiello said in a statement.

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Resistance is futile Take-Two, prepare to be absorbed by the Borg.

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  • 1 vote
Reply#1 - Sun Mar 16, 2008 11:07 AM EDT
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