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Industry News
EA Secures $1Billion Loan For Potential Take-2 Buyout

GamaS - May 1, 2008


Submitted by Refreshment (333) at 4:13PM PST on May 9, 2008


"Though it currently has funds on-hand to close the deal, Electronic Arts has announced that it has secured up to $1 billion in additional funding from a number of banks for a potential buyout of Take-Two, should the acquisition happen by January of 2009."



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