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Reuters: EA plans tender offer for Take-Two: source

Started by chris, March 13, 2008, 09:01:03 AM

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chris

EA plans tender offer for Take-Two: source
      


SAN FRANCISCO (Reuters) - Electronic Arts Inc  plans to launch a tender offer for all outstanding shares of rival Take-Two Interactive Software Inc , publisher of "Grand Theft Auto" video games, a person familiar with the matter said, indicating EA's $1.9 billion bid is turning hostile.
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