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EA to take Take-Two bid hostile, says WSJ

According to this, the Wall Street Journal is reporting that EA's not gong to wait for Take-Two to decide whether or not its ready for talks and is readying to moved on the company wholesale.

EA "plans to make a tender offer to acquire all of rival video game publisher Take-Two Interactive Software Inc's outstanding shares for $26 each, the Wall Street Journal reported on Thursday, citing people familiar with the matter," said the piece.

Whatever the truth of this, "sooner rather than later" is the feeling surrounding the whole matter this week.

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Patrick Garratt


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