EA extends deadline on Take-Two
With the old offer having expired Friday night, EA said it has extended the deadline to June 16, acknowledging that it hasn’t had much success in lining up shares.
As of Friday, EA said that only 6.2 million shares had tendered into its offer, representing just 8% of the outstanding Take-Two shares, fewer than the amount tendered the first time EA extended its offer to buy the company.
EA is currently offering $25.74 per share, though Take-Two shares closed Monday at $26.91
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