EA Drops Hostile Bid for Take-Two but a Friendly Deal Could be Imminent
August 19, 2008 at 12:15 PM EDT
Electronic Arts Inc. (ERTS) dropped its $2 billion hostile takeover of video game publisher Take-Two Interactive Software Inc. (TTWO) yesterday (Monday), but the two companies have entered into private discussions that may finally result in a friendly merger. Relations between…
