Take-Two reaches agreement with FTC

By Patrick Garratt, Thursday, 19 June 2008 16:37 GMT

According to this Reuters report, Take-Two has reached a deal with the FTC that will allow the firm to lessen the volume of information it’s providing to the body relating to its potential EA takeover.

“Take-Two said that it agreed with the FTC on Wednesday to continue to provide information, but limit the scope of information and access to witnesses in a way that will reduce the cost and distraction to its employees,” said the piece.

“The agreement will also avert the need for a hearing scheduled for June 24 by the U.S. District Court for the District of Columbia.”

More through the link.

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.

Comments