It would seem as though EA believe that "no" means "maybe". Thankfully, EA isn't asking some girl out in a bar. No, EA is after Take-Two... yet again.
This marks the fifth time EA has made an unsolicited offer and will more than likely be the fifth time they are rejected.
The extension of the offer comes after approximately 11,741,339 shares of Take-Two had been tendered in by the previous deadline of July 18, accounting for around 15 per cent of the total.
EA first put the offer on the table in February and since then stock market traders have been expressing little confidence that the deal will ever go through.
"In February, Take-Two's board rejected EA's offer as inadequate. Since then, the record-shattering release of Grand Theft Auto IV, the exciting announcement of a BioShock movie, and our ability to deliver financial results exceeding expectations have further demonstrated that our value-creation potential is greater than EA's offer," said Ben Feder, Take-Two's CEO.
So when will EA realise that no means no? When they end up in court for non-consentual sex?
Posted by Grunt of God on 24 July 2008, 07:01PM
Posted by ChatterboxZombie on 29 July 2008, 08:22PM

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