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Electronic Arts has announced it has extended its tender offer for all of the currently outstanding shares of common stock of Take-Two Interactive Software Inc. to 11:59 pm, New York City time, on July 18, 2008, unless further extended.
“Our offer price remains unchanged at $25.74 per share, which is a substantial premium to where Take-Two’s stock was trading prior to our offer,” said Owen Mahoney, Senior Vice President of EA Corporate Development. “We congratulate Rockstar on the successful launch of GTA IV but believe our offer reflects a full and fair price based on the long-term value of Take-Two’s entire operation.”
As of 5:00 p.m., New York City time, on Monday, June 16, 2008, approximately 6,139,824 shares of Take-Two had been tendered in and not withdrawn from the tender offer.
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Grand Theft Auto IV
- Platform(s): PC, PlayStation 3, Xbox 360, Xbox One
- Genre(s): Action, Adventure
