"Once they get the Federal Trade Commission approval, I believe [EA] will evaluate the marketplace and potentially raise the bid slightly," said Sterne Agee analyst Arvind Bhatia.
EA agreed at the beginning of June to wait up to 45 days to complete a purchase of Take-Two in order to give the FTC more time to complete its review of the proposed transaction.
Take-Two is currently at odds with the FTC over the scope of its investigation into the bid. The company has complained that the probe is "unnecessarily broad" and costly.
[ MAJ ] : Strauss Zelnick, un des boss de Take2 vient clairement de préciser, pour la 4ème fois cons&écutive que l'offre ne les intéressent pas. Le prix proposé (2 000 000 000$) serait pas assez élevé par rapport au prix de la boite (Ouchh ...)EA agreed at the beginning of June to wait up to 45 days to complete a purchase of Take-Two in order to give the FTC more time to complete its review of the proposed transaction.
Take-Two is currently at odds with the FTC over the scope of its investigation into the bid. The company has complained that the probe is "unnecessarily broad" and costly.
