The new deadline gives Take Two’s investors until 11.59pm (EST) on June 16th to accept or decline EA’s offer of $25.74-per-share (around $2bn).
A release from EA sent out today also leaves the company the option of extending the deadline yet again should it feel the need. ‘As of 5:00 p.m., New York City time, on Friday, May 16, 2008, approximately 6,210,261 shares of Take-Two had been tendered in and not withdrawn from the tender offer’.
Comments (10) |
Permalink