News
02-26-2008, 11:04 AM
The company behind the hugely popular video game "Grand Theft Auto" says it is not going to jump at a $2 billion buyout offer from Electronic Arts Inc.
The offer is "the wrong price at the wrong time," Take-Two Interactive Software Inc. chief executive Ben Feder said Monday, after the news of the $26-per-share bid sent Take-Two's shares up 55 percent to a $26.89 close.
Read More (http://www.cnn.com/2008/TECH/ptech/02/26/electronic.arts.ap/index.html?iref=newssearch)
CNN (http://www.cnn.com/2008/TECH/ptech/02/26/electronic.arts.ap/index.html?iref=newssearch)
The offer is "the wrong price at the wrong time," Take-Two Interactive Software Inc. chief executive Ben Feder said Monday, after the news of the $26-per-share bid sent Take-Two's shares up 55 percent to a $26.89 close.
Read More (http://www.cnn.com/2008/TECH/ptech/02/26/electronic.arts.ap/index.html?iref=newssearch)
CNN (http://www.cnn.com/2008/TECH/ptech/02/26/electronic.arts.ap/index.html?iref=newssearch)