Take Two tells EA to wait until after GTA IV
{mosimage}The board of directors at Take Two Interactive has officially rejected the $2 billion takeover bid from Electronic Arts, saying it undervalued the company and is not the right time to consider such an acquisition. EA offered Take Two $26 per share earlier this month, offering a premium of more than 10% of the stock price at the time. That began a series of trepidations between the two companies. …
Original post by TechEMaster
