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Take-Two actively in discussions with a number a companies over buyout

Take-Two boss Strauss Zelnick has just confirmed that the company is in active discussion with several companies to sell the company.

"We're actively engaged in that process now," he said, talking in an ongoing conference call backing up a Q2 financial release.

"We have and continue to have" discussions with "a number of third parties," Zelnick added.

Zelnick made the comment after mentioning EA's "highly conditional" offer for the firm and saying that all avenues for Take-Two's future are being explored, including staying independent and talking to other companies.

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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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