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EA Abandons Efforts To Take Over Take-Two
Erik J writes "Electronic Arts has abandoned plans to absorb Grand Theft Auto IV publisher Take-Two Interactive, the company announced earlier today. Following over half a year of hostile buyout offers by EA, the pair went into talks under a confidentiality agreement in late August. From the official announcement: 'EA continues to have a high regard for Take-Two's creative teams and products, [but] after careful consideration, including a management presentation and review of other due diligence materials provided by Take-Two Interactive Software Inc., EA has decided not to make a proposal to acquire Take-Two and has terminated discussions with Take-Two.' The announcement caused Take-Two's stock to drop by 30%, and analysts expect a bidding war to ensue for employment of the GTA creators."
The Flying Spaghetti Monster be praised! Hallelujah and Allahu Akbar!
You just got troll'd!
When you're all anonymous, there are only two people on the Internet: You and Me.
Although sometimes John comes on but that's infrequent.
hehe, they ship. That's what makes them different to EA.
How we know is more important than what we know.
Don't worry. They'll be back for Takover of Take Two, Take Two. In fact, they had to give up once, for precisely that.
i'll wait for the abridged version, collector's exclusive edition, uncut.
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