FirstCuts: EA Offers Take 2 Straight Cash, Homey

By Chris Littmann
Sports don’t start and end with a referee’s whistle. FirstCuts, a blog dedicated to sports culture, will cover everything outside the lines, from games to gear.
Remember Electronic Arts’ attempt to purchase Take Two Interactive in late February? And remember how Take Two flatly rejected their offer? Turns out EA doesn’t give up so easily.
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In a move that, once again, almost runs parallel to Microsoft’s attempt to gobble up Yahoo!, EA offered the same amount as before -- $26 per share -- but this time it’s all cash. In other words, the offer has gone hostile.
As a reminder, here are why sports gamers should care greatly about this matter: If EA takes control of Take Two, it likely would be the death of 2K Sports. You know how you hate having one choice in football? Imagine it across all sports. Unless Grand Theft Auto IV singlehandedly saves the company, it almost seems like Take Two would be forced to take such an offer.
Here’s the only positive: If EA and Take Two join forces, we could get the creation of Grand Theft Auto: John Madden
EA Commences All Cash Tender Offer To Purchase Take Two | EATake2↵