Publisher to review offer and will advise shareholders on its position within 10 business days.
Following EA's unsolicited conditional tender offer to acquire all of Take-Two's outstanding shares of common stock for $26 per share in cash, the Take-Two board of directors has advised shareholders to take no action at this time.
Take-Two's Board will review and consider EA's offer, and within 10 business days, will advise Take-Two's stockholders of the Board's position regarding the offer as well as its reasons for that position.
