Advertisement
YOU ARE HERE: LAT HomeCollections

Business Briefing / ENTERTAINMENT

EA extends Take-Two offer

June 18, 2008|From Times Wire Services

Electronic Arts Inc. extended its $2-billion tender offer for Take-Two Interactive Software Inc. until July 18 as the Federal Trade Commission continues a review of the proposed purchase.

The offer price is unchanged at $25.74 a share, and the takeover bid may be extended further, Redwood City, Calif.-based EA said. New York-based Take-Two again urged shareholders to reject the bid and said alternatives were still being considered.

Advertisement
Los Angeles Times Articles
|
|
|