EA Extends Deadline Following Take-Two’s 'Poison Pill'

**MIG-31** · Mar 28, 2008, 07:42 PM

Officials from Electronic Arts have continued with their attempts at a hostile takeover of Take-Two Interactive, with two amendments to its offer to acquire all currently outstanding shares of the company’s common stock.

Electronic Arts have taken the steps in light of Take-Two’s new rejection of its share offer and in particular the changing of the date of the company’s annual meeting of stockholders and the establishment of a Stockholders Rights Agreement.
___________
Source: Gamesutra

Mar 28, 2008, 07:42 PM	#1
MIG-31 HardwareHeaven News Mod Join Date: Dec 2002 Location: Nottingham,UK Posts: 56,818 Rep Power: 471 System Specs	EA Extends Deadline Following Take-Two’s 'Poison Pill' Officials from Electronic Arts have continued with their attempts at a hostile takeover of Take-Two Interactive, with two amendments to its offer to acquire all currently outstanding shares of the company’s common stock. Electronic Arts have taken the steps in light of Take-Two’s new rejection of its share offer and in particular the changing of the date of the company’s annual meeting of stockholders and the establishment of a Stockholders Rights Agreement. ___________ Source: Gamesutra __________________ Please Post Your News Submissions Here