gamer_freak187 Posted April 4, 2008 Share Posted April 4, 2008 No idea if it has been posted but here is the article. It looks like share holders agree with the big wig decision to reject EA’s $26 a share bid to buy Take-Two Interactive. “Our Board, after careful review, has unanimously determined that Electronic Arts' offer continues to provide insufficient value and remains opportunistically timed to capture the value of the upcoming Grand Theft Auto IV launch at the expense of our stockholders,” Take-Two Chairman Strauss Zelnick explained. In a extra-long press release issued by Take-Two, they also announced that they will look into other business options in order to keep stockholders satisfied, “which may include a business combination with third parties or with EA, remaining independent, or other strategic or financial alternatives that could deliver higher stockholder value than the current EA offer.” The overall feeling we get is that Take-Two wants to see how GTA IV pans out before any major decisions are made. Link to comment Share on other sites More sharing options...
[QUIF] XxOodiexX Posted April 4, 2008 Share Posted April 4, 2008 R* never fails to please us. Link to comment Share on other sites More sharing options...
The Killa Posted April 4, 2008 Share Posted April 4, 2008 I would feel better if we got an official link on this. Link to comment Share on other sites More sharing options...
gamer_freak187 Posted April 4, 2008 Author Share Posted April 4, 2008 I would feel better if we got an official link on this. Here it is http://www.ebgames.com.au/home/news.cfm?newID=350 Link to comment Share on other sites More sharing options...
TheOath Posted April 4, 2008 Share Posted April 4, 2008 Its my understanding that there is a shareholders meeting on the 15th of this month and EA's offer expires on the 17th. TheOath Link to comment Share on other sites More sharing options...
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