Maybe there's something in the water but now we've got another hostile software battle under way. This time it's Electronic Arts bidding $2 billion in cash to acquire Take-Two Interactive. The sides are not exactly off to a smashing start with Take Two publicly telling Electronic Arts the offer simply ain't up to snuff.
To be continued.
(Update: Check out this piece for more context authored by my News.com colleague Daniel Terdiman.)
Here's the EA press release:
Electronic Arts Proposes to Acquire Take-Two Interactive Software for $26 Per Share in Cash, or Approximately $2.… Read more