EA likely to extend Take-Two offer deadline
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According to a Wall Street Journal piece, EA is likely to extend the deadline of its $2 billion offer for Take-Two after its already lengthened time-limit ran out last Friday.
"Electronic Arts Inc. is likely to again extend the deadline for its hostile tender offer to acquire videogame rival Take-Two Interactive Software Inc. after failing to get the support of a majority of the company's shareholders for a deal," said the publication.
More here, but you'll have to be a subscriber to read the full thing. Which we're not. Expect an announcement from EA today.