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No EA Buyout Of Take-Two Before August 21

Posted on 09 July 2008 by Getmo Games

Officials from Electronic Arts have announced that the company is in "substantial compliance" with the Federal Trade Commission (FTC) request for information concerning its ongoing attempts at a hostile takeover of Rockstar Games owner Take-Two Interactive. Electronic Arts has agreed with the FTC not to conclude any acquisition before August 21st, 2008. Although a deal could be struck earlier if the FTC officially closes its investigation before then. However, Take-Two has repeatedly described Electronic Arts ...

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