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Rejected by Take-Two management, Electronic Arts CEO John Riccitiello will take his bid to acquire the rival videogame maker straight to its shareholders, the Wall Street Journal reports. It's not quite the kind of violent carjacking you'd see in Take-Two's Grand Theft Auto, but that's how we'd like to imagine it, OK? EA has told shareholders it will buy outstanding Take-Two shares for $26 each. That's the same price Riccitiello offered last month, when it was a 50 percent premium over Take-Two's share price.
Electronic Arts CEO John Riccitiello gets hostile with Take-Two
8:30 AM on Thu Mar 13 2008
By Nicholas Carlson
351 views
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