EA extends time limit on Take-Two offer
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EA has extended the time limit on its $2 billion offer for Take-Two to April 18, as you can see here. From the press release:
EA has extended its tender offer for all of the common stock of Take-Two until 11:59 p.m., New York City time on Wednesday, April 18, 2008, unless further extended. The offer was previously set to expire at midnight, New York City time, on April 11, 2008.
The move comes after Take-Two delayed its AGM from April 10 to April 17 when it rejected the offer earlier this week.