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EA to take Take-Two bid hostile, says WSJ

According to this, the Wall Street Journal is reporting that EA's not gong to wait for Take-Two to decide whether or not its ready for talks and is readying to moved on the company wholesale.

EA "plans to make a tender offer to acquire all of rival video game publisher Take-Two Interactive Software Inc's outstanding shares for $26 each, the Wall Street Journal reported on Thursday, citing people familiar with the matter," said the piece.

Whatever the truth of this, "sooner rather than later" is the feeling surrounding the whole matter this week.

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Patrick Garratt avatar

Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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