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EA Terminates Acquisition Discussion With Take-Two

This story was written by Rafat Ali.
After seven months of back and forth, Electronic Arts has terminated its takeover talks with game publisher Take-Two. It announced in a statement today that "while EA continues to have a high regard for Take-Two's creative teams and products, after careful consideration, including a management presentation and review of other due diligence materials provided by Take-Two Interactive Software, EA has decided not to make a proposal to acquire Take-Two and has terminated discussions with Take-Two."


By Rafat Ali