EA likely to extend Take-Two offer deadline

By Patrick Garratt, Monday, 19 May 2008 10:16 GMT

According to a Wall Street Journal piece, EA is likely to extend the deadline of its $2 billion offer for Take-Two after its already lengthened time-limit ran out last Friday.

“Electronic Arts Inc. is likely to again extend the deadline for its hostile tender offer to acquire videogame rival Take-Two Interactive Software Inc. after failing to get the support of a majority of the company’s shareholders for a deal,” said the publication.

More here, but you’ll have to be a subscriber to read the full thing. Which we’re not. Expect an announcement from EA today.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.