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

By Patrick Garratt, Thursday, 5 June 2008 22:32 GMT

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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