Take 2 Calls EA Inadequate

Posted: Mar 26 2008, 9:05am CDT | by , Updated: Aug 11 2010, 6:56am CDT, in News | Gaming


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EA decides that it wanted to add Take 2 Interactive to its roster of holdings. Take 2 is well known as a publisher of some of the most popular games for console and PC systems including Bioshock, Grand Theft Auto and the controversial Man Hunt series.

EA offered to buy Take 2 out for $26.00 net per share. Take 2 suggested to its stock holders that they reject the offer as inadequate. According to Take 2 its stock is trading right now at a high of $26.05 per share.

Take 2’s board also says that they will be pursuing alternate, better offers for a possible sale. Take 2 seems to feel that after the next version of Grand Theft Auto launches in late April its stock will be worth even more.

Via Take 2 Interactive

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
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