VG247 » Patrick Solomon http://www.vg247.com VG247.com Wed, 15 Feb 2012 04:14:24 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 Take-Two settles shareholder lawsuit over EA bid refusal http://www.vg247.com/2009/04/07/take-two-settles-shareholder-lawsuit-over-ea-bid-refusal/ http://www.vg247.com/2009/04/07/take-two-settles-shareholder-lawsuit-over-ea-bid-refusal/#comments Tue, 07 Apr 2009 14:42:27 +0000 Stephany Nunneley http://www.vg247.com/?p=29315 taketwologo

Take-Two has settled a shareholder lawsuit over turning down EA’s offer to buy a controlling stake in the company.

Filed by Prickett, Jones & Elliott for shareholder Patrick Solomon during March of last year, Solomon sued over Take-Two refusing to accept the $26 per share offer.

No money changed hands, only an agreement granting Soloman additional disclosure.

Take-Two plans to fight any reimbursement of fees and legal expenses should Soloman decide to file for it.

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