FTC still curious about EA's proposed Take-Two takeover
The US Federal Trade Commission is seemingly still curious about EA's takeover plans, as it has sent the persistent publisher a second request for information regarding its proposed Take-Two encroachment. While the Madden house insists the transaction "would not be anti-competitive," the FTC has not yet reached the same (or any) conclusion.
The most recent development in the corporate courtship saw EA extending the deadline of its $26-per-share tender offer, which the current Take-Two management had deemed "inadequate." With the offer expiring tomorrow and the Grand Theft Auto publisher concluding its annual stockholder meeting today, we'll soon learn whether the takeover has any chance of taking off.
The most recent development in the corporate courtship saw EA extending the deadline of its $26-per-share tender offer, which the current Take-Two management had deemed "inadequate." With the offer expiring tomorrow and the Grand Theft Auto publisher concluding its annual stockholder meeting today, we'll soon learn whether the takeover has any chance of taking off.











Reader Comments (Page 1 of 1)
Soliex @ Apr 17th 2008 7:30PM
EA Needs to stop being big bully and running gaming establishments into the ground. Start worrying about their own countless flaws. I hate corporate America.
MinimumWageNinja @ Apr 17th 2008 9:04PM
Yes! Don't allow them to buy them.
Barbie Fu @ Apr 17th 2008 10:28PM
EA definately needs to stop buying all the good independent developers and cancelling said independents industry altering games just to make their own brain numbing connundrum more palatable.......
JAmerican @ Apr 18th 2008 4:46AM
Some government officials need to step in and stop this nonsense (if EA didn't pay them off already).
JA