Zelnick shrugs off EA talk, says Take-Two has "independent" future
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Speaking here, Take-Two boss Strauss Zelnick has dismissed EA's $2 billion bid for the firm, saying that Take-Two's future remains as an "independent" company.
"We are here for our shareholders," he said. "[EA] made a proposal, we rejected it. Next!"
Zelnick added: "We've been at Take-Two only for ten months and are really proud of the progress we've made. And we think this company has a really bright future as an independent company. In the absence of an opportunity that our shareholders value more than this approach, that's our business model."
Take-Two is to deliver Q1 financials next week, so expect plenty more on the EA offer in the coming days.