Game-Machines.com » acquisition http://www.game-machines.com Video game consoles and gaming hardware Wed, 23 Jun 2010 21:08:27 +0000 en hourly 1 http://wordpress.org/?v=3.0 Take Two says ‘no thanks’ to EA http://www.game-machines.com/2008/03/26/take-two-says-no-thanks-to-ea/ http://www.game-machines.com/2008/03/26/take-two-says-no-thanks-to-ea/#comments Thu, 27 Mar 2008 03:04:39 +0000 Colin Temple http://www.game-machines.com/newsroom/2008/03/26/take-two-says-no-thanks-to-ea/ Take 2Take-Two Interactive has turned down an offer from Electronic Arts, according to a statement from the firm. EA reportedly offered to buy the firm at $26 U.S. per share.

Electronic Arts has been attempting to acquire Take-Two for some time, but the firm is determined to hold out until they release Grand Theft Auto IV in a month. Take-Two says they will revalue their stock options after the game is released.

The company says it will discuss “strategic alternatives” and “business combination” options with interested parties.

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