EA Extends Offer For Take-Two (Again)

This story was written by Joseph Weisenthal.
Meanwhile, this saga continues to drag on: EA says it has extended, yet again, its offer to buy rival gamer Take-Two. The new deadline is August, 18th; the previous offer had expired on Friday. Once again, the company says the move is designed to let the FTC continue with its antitrust review. EA says 11.7 million shares of Take-Two have been tendered, which is up from 6.13 million shares last time. Release.

By Joseph Weisenthal