Daily Briefing: Taking Take-Two

[Joelle]

Daily Briefing: Taking Take-Two
      

Electronic Arts Inc is going to shareholders with its $26 a share, $2 billion bid for Take-Two. The target, publisher of the popular “Grand Theft Auto” video games, rejected EA’s unsolicited all-cash offer at the same price last month, a 64 percent premium over Take-Two’s closing stock price on the last trading day before EA [...]
         

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