It’s not as big 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]