February 24th, 2008

EA Offers Take-Two $2 Billion if They Suicide

Published at 12:52 PM PST

Routers is reporting that EA Games (Yes, the developer and publisher of today's low quality games) has offered to buy Take Two for $2 billion in cold hard cash. This brings the proposal up from the rejected $25-per-share to $26-per-share.  If  Take Two's board accepts, this could very well mean the end to the high quality Rockstar games you are used to. This also goes beyond Rockstar. Take Two also owns 2K Games. The developer and publisher of many hit games such as BioShock and the 2K line of sports games. Will Take Two's board accept this offer? No one knows just yet. We're hoping that the board turns it down...for the sake of the gamers.

Thanks goes to Reuters for reporting this.

UPDATE: Take-Two has rejected the offer.