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Take-Two Interactive, Inc. (TTWO)
EA amends Take-Two tender offer, extends deadline

Joystiq.com - March 28, 2008


Submitted by vGInfidel (150) at 6:40AM PST on March 28, 2008


EA announced an amendment to its tender offer issued to T2 stockholders. A new condition requires either "that Take-Two's Board of Directors redeem the preferred stock purchase rights issued as a result of Take-Two's adoption on March 24 of the stockholder rights plan," or "that EA be satisfied that such rights have been invalidated or are otherwise inapplicable to its acquisition of Take-Two." EA also extended said offer to 12PM NYC time on April 18th. The previous deadline was April 11th.



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