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EA Maneuvers to Nab 'Grand Theft Auto'

Video game giant pushing $2B hostile bid for rival Take-Two

By Wesley Oliver, Newser Staff

Posted Feb 25, 2008 8:08 AM CST

(Newser) – Video game kingpin Electronic Arts disclosed yesterday a $2 billion hostile takeover bid to acquire rival Take-Two Interactive Software, and capture the popular “Grand Theft Auto” franchise. EA, publisher of Madden NFL titles, said the $26-a-share offer represented a 50% premium over Take-Two’s... Read full story »

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EA Maneuvers to Nab 'Grand Theft Auto'

Video game giant pushing $2B hostile bid for rival Take-Two

More on 'Grand Theft Auto IV'

mergers and acquisitions • Electronic Arts • The Sims • Madden NFL 08 • Take-Two Interactive Software • Grand Theft Auto • game development • video games

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More Newser Stories

Crime Pays for Grand Theft Auto Maker

Game blows away sales records, jacks up profit forecasts

New Grand Theft May Shatter Sales Records Today

Controversial game could change math in EA takeover bid

Sims Creator Leaving EA for Think Tank

'Stupid Fun Club' incubator will partner with video-game giant

Spielberg Launches Puzzle Game

Boom Blox hopes to engage kids and adults alike

Game Over! Halo 3 Zaps Wii

Game launch boosts XBox 360 sales beyond Nintendo console

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