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EA Extends Take-Two Offer

Grand Theft Auto IV is out the door—and setting sales records—but gaming giant Electronic Arts isn’t giving up on its unsolicited offer to buy out publisher Take-Two for $25.74 per share, or about $2 billion. Instead, the company ha extended its tender offer for outstanding shares of Take-Two stock, hoping it can convince enough investors to fork over their interest in the company so it can take over.

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