EA, Take-Two Meeting Coming?


Posted April 29, 2008 - By Stephen Johnson

Grand Theft Auto IV is in the process of breaking all videogame sales records, but there's still the issue of the Electronic Arts purchase of Take Two, the game's publisher. EA has made it clear that their offer for the company still stands, and that they are after more than just GTA IV.

"We believe our offer is based on the long-term valuation of the people and franchises that make up the TTWO - not a one-time event within an important franchise," EA's Mariam Sughayer said. "In addition — we believe that TTWO's price prior to our offer already reflected that this would be a global blockbuster - the stock was trading at approximately $17."

Take-Two has said it wouldn't meet with EA until after GTA IV launches; so look for a head-to-head between the two companies soon.

Kotaku: EA: We're After More Than "Game Of The Year" GTA IV

Tags: Videogames
EA, Take-Two Meeting Coming?


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