New York, NY – September 14, 2008 – Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today responded to Electronic Arts Inc.’s (NASDAQ:ERTS) announcement that it does not intend to pursue an acquisition of Take-Two at this time.
Strauss Zelnick, Chairman of the Board of Take-Two, commented, “We remain focused on creating value for our stockholders and our consumers. This has been our goal since EA launched its conditional and unsolicited bid six months ago, a bid which was repeatedly rejected by our stockholders. As part of that commitment, we remain actively engaged in discussions with other parties in the context of our formal process to consider strategic alternatives. We’re especially proud of the success we’ve enjoyed over the past eighteen months and we remain confident in our ability to generate value for stockholders.”
This skit does bring up a sad point. A lot of people do not know that the Wii is Nintendo!
01 (01) [PC] Spore (Electronic Arts) 02 (03) [WII] Wii Fit (Nintendo) 03 (02) [WII] Mario Kart (Nintendo) 04 (__) [360] Mercenaries 2: World In Flames (Electronic Arts) 05 (04) …
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Electronic Arts Inc. (“EA”) (NASDAQ:ERTS) today announced that while EA continues to have a high regard for Take-Two’s creative teams and products, after careful consideration, including a management presentation and …
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18 years ago
There is more to the article then just the Madden sales. So check out the article for an in-depth analysis of last months NPD numbers.
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