Move on Take-Two was “waste of ink,” says Riccitiello

By Patrick Garratt, Wednesday, 15 October 2008 09:14 GMT

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Speaking to the Wall Street Journal, EA boss John Riccitiello has described the firm’s failed attempt to buy Take-Two as a “waste of ink, primarily in the New York Post.”

He added that EA walked away from the deal as “time was of the essence, because we wanted to impact holiday 2008 sales of Grand Theft Auto IV”.

He described his impulse to buy Take-Two as almost a charitable effort before the holidays, “to help that company get through what has been an uneven profit experience.”

More through there.

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