Bookmark This Website
Welcome Network Guest!
You must be a registered member in order to use this feature. You can get started below.

Grand Theft Auto 4 HQ - News

EA To Own Take-Two By August

Posted On: Thursday 31 July 2008

In the business side of gaming, CitiGroup financial has confirmed that it believes EA could take control of Take-Two Interactive, publisher of Grand Theft Auto IV, as early as late August. Take-Two has been involved in a bidding war between EA and Microsoft, both of which would like to purchase the firm. While nothing has been confirmed yet, we will keep you posted as this unfolds.
"“We expect FTC approval in August and for ERTS to raise its bid slightly upon approval to $27-$28 in order to potentially seal a deal in time for holiday season GTA orders,” Thill said.

However, if Take-Two refuses the bid, Thill believes that Electronic Arts “walk as the near-term economics to ERTS of a deal would deteriorate.”

It’s at least more plausible than Microsoft, especially if Electronic Arts were to raise their bid from the $25 it first offered to $28, who knows? We’ll keep you updated."

Source: Endsights
No comments yet, be the first to post one below.
Login to post a comment.
Are you having issues with the PC version?
Yes, I am having graphical issues.
Yes, I'm having non graphic related issues.
Nope, game installed fine and I love it!
Where am I?

Total Votes: 9
Blog sub bar
We Currently Have 2 Members Online:
imSTONIE420, CRYMARAXSIS,

We have 53 guests online.
 GTA All  Rockstar Watch  GTA Inside 
 GTA Cartel  GTA Yard  GTA Limite