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February 29th, 2008 @ 06:28
According to this, an SEC filing has shown that since EA put in a bid for Take-Two, the GTA publisher has received other “informal indications of interest in a business combination.”
Take-Two “has not engaged in any substantive discussions with any party (including EA) with respect to a business combination,” the filing said.
The statement said that information was up-to-date as of Wednesday and the company does not plan to update shareholders on any merger discussions unless it is legally required to do so.
The filing was required ahead of Take-Two’s annual meeting of shareholders on April 10.
Take-Two has rejected EA’s $2 billion advances thus far.
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