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Commentary on the World

EA Does Double-Take on Take-Two Deal

I feel so dirty… I did one of those stupid-ass headline things that newspapers think are clever :(

Looks to me like a deal will indeed happen though. Found this in a news story:

New York-based Take-Two has repeatedly rejected EA’s offer as too low. Take-Two’s management said it would present EA with its three-year product release schedule, financial projections and other nonpublic information meant to support that claim.

So, they’re basically giving EA an inside look at the future of the company. If a deal wasn’t going to happen, this would really hurt them competitively.

Looks like the deal will occur, now they’re just haggling over price.