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EA Poised for Hostile Takeover Of Take-Two

Thursday, March 13, 2008

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EA Poised for Hostile Takeover Of Take-Two

The Associated Press reports that EA, unsatisfied with the reply they received from Take-Two’s board of directors concerning their bids for control of the company in mid-February, have decided today to undercut the board entirely and are now offering the same 26-dollars-per-share directly to Take-Two’s stockholders.

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