Mon, Feb 25, 2008 | 15:34 GMT

Take-Two stock rises 50% in pre-trading

Suddenly that EA offer doesn’t sound so hot. On the back of John Riccitiello making public EA’s intentions to buy Take-Two, the target’s share price has rocketed almost 50 percent to $25.90. EA had bid $26 per share, or approximately $2 billion, for the company.

EA announced its plan to buy the firm last night.

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2 comment-trail-alt Posted in: 2K, EA, Rockstar, Take-Two, Trade
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2 comments

#1

Michael
26/02/08, 11:13 am

Now, how’s that for irony?

#2

patlike
26/02/08, 12:01 pm

You really couldn’t make it up.

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