It’s not as large as Microsoft and Yahoo!, but EA’s bid to acquire fellow game maker Take-Two is news. After being refused a sale at $25 a share, EA is trying again at $26 a share, 64% more than Take-Two’s price per share at market closing on Friday. EA is counting on strong share holder sentiment to […]

It’s not as huge as Microsoft and Yahoo!, but EA’s bid to acquire fellow game maker Take-Two is news.

After being refused a sale at $25 a share, EA is trying again at $26 a share, 64% more than Take-Two’s price per share at market closing on Friday.

EA is counting on strong share holder sentiment to make the sale go through, but Take-Two is mulling it all over.

Take-Two is known for Grand Theft Auto, and with GTAIV coming out in just a few weeks, we know why EA wants it.

ELECTRONIC ARTS AUDACIOUS BID TO BUY TAKE-TWO [Next Generation]

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Via [crunchgear]

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This entry was posted on Sunday, February 24th, 2008 at 8:10 pm and is filed under Life Gadgets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.