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Academic
: Securities Law Prof BlogElectronic Arts Bids for Take-Two
By Securites Lawprof
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Electronic Arts Inc. (Madden NFL) announcced an unsolicited $2 billion cash offer for Take-Two Interactive Software (Grand Theft Auto), after Take-Two's board rejected the $26 per share offer (50% premium over Friday's closing price) as inadequate. The offer comes about...Full post as published by Securities Law Prof Blog on February 25, 2008 (boomark / email).
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