http://online.wsj.com/article/SB122142476534733583.html?mod=hpp_us_whats_news

and i thought this bid was sure to go through!

apparently with GTA IV sales likely to miss espectations, $26 a share is no longer in the interest of EA shareholders.

at least the 2K sports franchise lives, providing some semblence of competition against the EA Sports franchise.

Yeah, the ball is back in EA's court again. Take 2 really lost out by not being bought out.

They have to swing for the fences with every future GTA game they make, or really change their strategy in terms of making money.

Well, I think that this is better for everyone.

this is old news

edit: nm i guess it's official today

+1 for T2. -100 for Evil Arts, Inc.

 Funny thatm seeing as it's classed as the second most important article on the Wallstreet Journals frontpage, atm. (Well, second on the list, I don't know whether it's in order of importance, or not).

EDIT: You've edited.

Pretty bad news for Take-Two. They played a game of brinksmanship with EA, didn't get EA to increase the bid, and now will probably end up with nothing. Expect share prices to fall off significantly now that the deal is off, and even further when Take-Two has to report their next (non-Grand Theft Auto boosted) financials in October.

Even though I'm glad the deal fell through, I don't think Take-Two's management has any clue what they're doing. I also think they will be bought out by someone - at less than EA's stock offer - within the next two years.

i agree, but one of those shares are going to be hit a bit.

nothing that can't be replace by another GTA though

What other IPs do Take-Two have?

^ Bully.. (=