Take-Two set to stay independent
FROM VARIETY: Stock plummets after EA declines to raise bid
By Ben Fritz of Variety -- Video Business, 10/3/2008
OCT. 3 | FROM VARIETY: Take-Two is staying solo.The Grand Theft Auto publisher announced Thursday that it has ended its review process for potential acquirers or strategic deals.
Take-Two previously said it was in discussions with numerous companies about a potential purchase of Take-Two or a partnership pact.
Electronic Arts was the only company to go public with a bid, however. Its seven-month public pursuit of Take-Two ended last month after EA declined to raise its $2 billion bid.
Read the full story on Variety.com.
