EA Extends Offer to Acquire Take-Two Again

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Electronic ArtsElectronic Arts has once again extended its offer to acquire all the currently outstanding shares of Take-Two Interactive's Common Stock.
The offer was previously set to expire on July 18, and will now expire on August 18, 2008.

As of 5:00 PM New York City time on July 18, 2008, approximately 11,741,339 shares of Take-Two Interactive had been tendered and not withdrawn. That's only around 15% of Take-Two Interactive's outstanding stock... not enough for EA to successfully take over the company.

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This page contains a single entry by Editor published on July 21, 2008 5:57 AM.

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