Electronic Arts have once again extended their offer to buyout shares of Take-Two Interactive, following the low number of shares tended following last months offer.
Their price offer of US$25.47 per share (for a total of around US$2BN) remains the same, along with our waning interest on the subject.
Take-Two CEO Ben Feder was slightly less subtle about the latest event in this ongoing saga;
"In February, Take-Two’s board rejected EA’s offer as inadequate. Since then, the record-shattering release of Grand Theft Auto IV, the exciting announcement of a BioShock movie, and our ability to deliver financial results exceeding expectations have further demonstrated that our value-creation potential is greater than EA’s offer."
