Jump to content

EA Offers $2 Billion to Buy GTA IV


Recommended Posts

sorry, the stupid thing in the article said "GTA IV, Bioshock" can come mod please change it to Take Two?


Electronic Arts has offered $2 billion cash to purchase Take-Two Interactive, the publisher of GTA IV, the Civilization franchise and the inevitable BioShock 2.

According to Bloomberg News, Electronic Arts took its $26-per-share offer to Take-Two's investors after Take-Two's board rejected the offer on February 22. EA apparently made its offer on February 15, making the offer 64 percent higher than Take-Two's closing stock price on that day.


EA's offer to purchase Take-Two is timed impeccably well, with Rockstar set to release Grand Theft Auto IV on April 29 for both the Xbox 360 and PS3. Take-Two is the publisher of all Rockstar games. Although GTA IV is destined to make money hand over fist, however, Take-Two hasn't reported an annual profit since 2005, according to the Bloomberg report.



Link to comment
Share on other sites

This topic is now closed to further replies.
  • 1 User Currently Viewing
    0 members, 0 Anonymous, 1 Guest

  • Create New...

Important Information

By using GTAForums.com, you agree to our Terms of Use and Privacy Policy.