EA Tries Take Over of Take Two

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Grand Theft Auto. MLB 2K8. BioShock.

All of those came close to having an EA logo in front them when the company took a shot and tried to buy 60% of Take Two. EA offered $26 per share which is a substantial increase over the actual value of the stock.

Take Two then sent that offer back with a blatant no attached to it. Their claims about cramping creativity are shots directly at the company, and likely resonated with gamers. The company also defended their decision to stockholders, claiming EA’s offer was an opportunistic bid with the upcoming release of Grand Theft Auto IV just down the line.