EA extends deadline for Take-Two tender offer, lowers price

April 18th, 2008 By BARBARA ORTUTAY, AP Business Writer

(AP) -- Take-Two Interactive Software Inc., publisher of the popular "Grand Theft Auto" video game series, wanted more time to consider a $2 billion buyout by larger rival Electronic Arts Inc., and it wanted more money. On Friday, half its wish came true.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

Similar stories from PHYSorg:

Electronic Arts stages fake protest of game at E3

Jun 05, 2009 | 1 / 5 (1) | 1

Video game industry faces tougher year

Feb 22, 2009 | 2.5 / 5 (2) | 2

Will Wright to leave Electronic Arts

Apr 08, 2009 | 2 / 5 (1) | 0

Review: Looking for gems in iPhone's game library

Apr 28, 2009 | not rated yet | 2

Nintendo's big challenge: letting others win

Apr 22, 2009 | 3 / 5 (1) | 0

rank
1
2
3
4
5

5/5 after 1 votes

Other News

Geeks double as scourges and sages at media summit

Technology / Business

4 hours ago | not rated yet | 0

(AP) -- The media moguls attending an annual powwow staged by investment bank Allen & Co. used to be able to rest comfortably in the Idaho mountains as they mulled their next moves.

Japan demands 119 million dlrs in tax from Amazon: report

Technology / Business

8 hours ago | 3 / 5 (1) | 0

Japanese authorities told a sales affiliate of US retail giant Amazon.com to pay about 119 million dollars in tax for unreported income over a three-year period, a newspaper said Sunday.

Iconic skyscrapers find new luster by going green

Technology / Energy

9 hours ago | 1 / 5 (1) | 0

(AP) -- When owners of the Empire State Building decided to blanket its towering facade this year with thousands of insulating windows, they were only partly interested in saving energy. They also needed ...

Downturn dating: Hearts flutter as markets stutter

Technology / Internet

9 hours ago | not rated yet | 0

(AP) -- Credit the recession for "staycations" and bringing us more game-night parties at home. But also give it a shout for spurring more first dates.