Filed under: Deals, Engagements

By launching a $26 per share, $1.9 billion tender offer for Take-Two Interactive Software Inc. (NASDAQ: TTWO), video game maker Electronic Arts Inc. (NASDAQ: ERTS) is gambling that it has enough support from its unwilling target’s shareholders to avoid raising its offer price and circumvent negotiating a friendly deal.

“We’ve always felt that the $26 was

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This entry was posted on Friday, March 21st, 2008 at 12:09 am and is filed under Engagements and Deals News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.