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Full details of EA’s ‘hostile’ bid revealed

Monday, 14th April 2008 at 9:53 am

SEC filing reveals everything you needed to know about publisher’s offer for Take Two

An EA filing with the Securities and Exchange Commission has unveiled the full details of EA’s ‘hostile’ bid for Rockstar parent Take Two.

The bid is expected to take another turn this week, as Take Two addresses its shareholders at its Annual General Meeting in New York this Thursday.

The SEC filing reveals that EA’s total $26-per-share bid would amount to $2,152,261,826 – more than the $1.9 billion estimated at the time.

To read the full filing, click here.


http://www.mcvuk.com/news/30172/Full-details-of-EAs-hostile-bid-revealed

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