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EA desperate to buy Take Two 50°
373w ago - EA is trying to buy TakeTwo. The speed with which EA management is moving hints at desperation. A cash offer of US$26 per share was rejected outright by the Take-Two board, even though that's 65% higher than what those shares are currently worth.

It was an extraordinarily generous offer, until you factor in GTA IV. EA lost money last year, and the prospect of reaping the profits from what could be the biggest video game of all time...

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