EA-Take 2 merger passes important FTC hurdle, Take 2 still playing shy

Nicholas Deleon

Nicholas likes video games, soccer, UFC, and astronomy–particularly the study of asteroids. He went to NYU. → Learn More

Tuesday, July 8th, 2008

mergers

EA still wants to buy Take 2, it’s true, and Take 2 is still playing shy. That, even though EA’s offer of $25.74 per share is now more than what Take 2 is currently trading at, $24.47. But that’s only part of the story, this on-going blah-blah-fest.

Apparently Electronic Arts has passed some sort of Federal Trade Commission test, paving the way for a possible merger.

What’ll get done first, this merger or the XM-Sirius merger, which Eric Logan, Executive Vice President of Programming at XM, said on today’s Opie and Anthony is exactly where it was when it was first announced?

Wonderful.

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