that is actually old news...
Date Filed: March 13, 2008
This offer expires on April 18th, the 17th being Take 2's board meeting (election of new directors favorable to EA could mean the deal goes through).
Take 2 said that 26 is undervaluing their company and took the step of creating a poison pill should EA start buying above 20%something stocks.
Take 2 is saying that they are undervalued at $26 because GTA will boost profits. They might consider an offer after GTA is out.
The stock is at $25.39, so if you think this will go through at $26 you have like a 2.4% gain to make here =) that or T2 is right and the stock goes up to above 26 after GTA... or even this is all bull from T2, they wanna stay independent and the stock drops :p
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