Sunday, February 24th, 2008
24
FEB
UPDATED: EA offers $2 billion for Take Two

GTAGaming.com - Rockstar/Take2 News | @ 01:56 PM MDT | By Neil
Update: Take Two have just announced that the latest offer, of $26 per share has been rejected.

Electronic Arts today announced that it has made an offer to purchase Take Two, parent company of Rockstar Games, for around $2 billion.

EA proposed $25 cash for each share of Take Two, an offer which was rejected. A further offer has now been made, of $26 per share, which EA CEO John Riccitiello claims is a "unique opportunity" for shareholders. At the close of business on Friday, Take Two's shares were valued at $17.36 each. The $26 offer is almost $2 greater than the company's highest share price in the past twelve months.

Source: Reuters
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Irreversible
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TT is worth more than that EA! C'mon! :p
02-24-2008 02:45 PM
rappo
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Is Take Two in any sort of trouble? Would they have any reason to accept an offer like this? They've always seemed like they're coming along nicely.
02-24-2008 02:56 PM
ash_735
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I for one hope it doesn't happen, EA have wrecked many game series in the past, don't want it to happen to game like GTA, Max Payne, etc.
02-24-2008 03:07 PM
Zidane
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Oh no... God no. Does EA really NEED to take everything successful, then murder it so there's no competition for them?
02-24-2008 04:56 PM
The Rican=-)
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Omg no that would be horrible a gta game from ea games......im mean i like their games dont get me wrong i have nothing against ea but come on take two is like the bad ass rebel compaired to ea
02-24-2008 06:38 PM
Patman926
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EA will drain the life from Grand Theft Auto and turn it into something with college baseball and ponies.
02-24-2008 08:12 PM
 

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