Wednesday, March 26, 2008
Take Two on Electronic Arts
The other big take-over battle to watch is Electronic Arts $2 billion hostile takeover of Take Two - the company that publishes Grand Theft Auto. Take Two just adopted a poison pill that dilutes the stock if a new shareholder gets 20% or if an old one gets another 2%. Ahhh, this reminds me so much of the 80s. If either side needs a good lawyer, well, I think I can definately help you two.
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