Financial Times FT.com

Electronic Arts turns heat up on Take-Two

By Chris Nuttall in San Francisco

Published: March 28 2008 19:38 | Last updated: March 28 2008 19:38

Electronic Arts on Friday took a tougher line with its $2bn takeover target Take-Two, warning a poison pill introduced by the board of the rival video game publisher was increasing the risk for its shareholders. 

EA said it was amending its tender offer for Take-Two shares in the light of the adoption of the poison pill this week and Take-Two postponing its annual meeting by a week.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this