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News \ EA knocked back!
"US, February 24, 2008 - Only hours after Electronic Arts proposed a $26/ share (approximately $2 billion in total) offer to acquire Take-Two Interactive, Take-Two officials have responded with an absolute "No."
According to Reuters, Take Two has said that the offer was at a significant discount to its peers and that it came at "absolutely the wrong time."
Additionally, Take-Two called the bid "highly opportunistic" on the heels of the upcoming release of Grand Theft Auto IV on April 29.
Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30."
Submitted by aaron028
26/02/2008
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Source URL:
http://IGN.com
Comments
Kudos: 12,682
Mates: 894
lol, poor little EA 
I bet that they just wanted to get some money from GTA4's release 
26/02/2008
Melbourne, Victoria
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