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Monday, August 18, 2008
4:12 PM TweetThis
  • EA (ERTS) drops its $2B, $25.74/share hostile bid for Take-Two Interactive (TTWO), but will meet with TTWO. "EA is throwing an olive branch out there," analyst Michael Pachter says. If TTWO management is smart, they'll negotiate a $26-27/share bid "and come out as heroes."
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