EA still want Take-Two
The Wall Street Journal are this week reporting that Electronic Arts still hope to complete a take-over of Grand Theft Auto IV publisher Take-Two, despite the firm's board repeatedly refusing EA's overtures.
EA's two-billion USD offer expired on Friday, but the publication suggests that the company are likely to extend the offer period once again, giving rebellious Take-Two shareholders more time to further pressure their stubborn board.
While there has been talk of mutiny at the GTA maker, so far EA have failed to secure a majority-backing for their acquisition. EA are expected to confirm their intentions today, while GTA IV continues to ride high in the charts, also topping the Xbox Live activity ranking.
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