Old 03-13-2008, 12:20 PM Offline   #1 (permalink)



 
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Default Electronic Arts Launches Hostile Battle for Take-Two (NewsFactor)

NewsFactor - Like a real-life financial video game, Electronic Arts has mounted a hostile takeover battle for Take-Two Interactive Software. The Redwood City, Calif.-based EA said Thursday that a wholly-owned subsidiary has commenced a tender offer for all outstanding shares of Take-Two for $26 a share in cash.

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