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 Send to email | Report: EA Ready To Extend Take-Two Offer, Again (ERTS, TTWO) in ERTSTTWO |  By Silicon
el 18-May-2008 |
GTAIVbazooka.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
 The WSJ thinks Electronic Arts (ERTS) will extend its tender offer for Take-Two Interactive (TTWO) yet again. The old offer, at $25.74, expired at midnight Friday; the WSJ expects that EA will have something to say by Monday morning.
That's a reasonable bet, because at this point EA has two choices in front of it:
- Bump up its offer in hopes of swaying EA shareholders, who have pushed ERTS up to $27.10.
- Walk away -- either because the company really doesn't want to chase after TTWO, or because its convinced that shares will plummet once it pulls out, and it can re-engage down the line (sound familiar?)
See Also: GTA IV: Big Sales: Take-Two Shares: Small Bump
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| Does Take-Two Have Other Suitors? (TTWO, ERTS) |  Take-Two (TTWO) predictably rejected Electronic Arts' (ERTS) $25.74 per share bid for the company once again, after EA extended the deadline for the bid, once again. But TTWO chairman Strauss Zelnick's had one interesting nugget in his statement:
[..] Read complete article | | Published 19-May-2008 by Silicon in ERTSTTWO
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| Electronic Arts: We're Not Raising Take-Two Offer - Yet (ERTS, TTWO) | | Electronic Arts' response to Take-Two's formal dismissal of its $2 billion, $26/share buyout offer: Some paperwork. Technically, EA (ERTS) is extending its offer for an extra week, and carping about the poision pill Take-Two (TTWO) created earlier this week. What it didn't do: Raise its bid.
So essentially we're at the same place we've been at for several weeks: EA wants to buy Take-Two, [..] Read complete article | | Published 28-Mar-2008 by Silicon in ERTSTTWO
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 | Kotaku`s The Gamers Guide |  Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| EA's Deadline Passes; Wait, What? [EA Bid For Take-Two] | | Anticlimactic as it is, your humble editor still missed this yesterday; EA's deadline for its offer to acquire Take-Two has passed. Literally nothing happened. No comments from either side, no offers to raise the share purchase price or extend the deadline, no Mark- [..] Read complete article | | Published 18-May-2008 by Owen Good in Businessdan houserEA Bid For Take-TwoElectronic ArtsFinanceNewsRockstarRumorsTake-TwoTop
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Yesterday Take-Two shareholders approved a compensation package for its managers which also effectively told Electronic Arts to take a hike. EA's (ERTS) response this morning: Why don't you take anot [..] 
