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Take-Two to Stay Independent

Submitted by: KnightMare @ 09:20 AM | Saturday, October 4, 2008 | (url: http://www.1up.co...)

After failing to come to an agreement with Electronic Arts and deciding to look for other partnerships instead, Take-Two has finally reached a conclusion, deciding to remain independent after all. This is a very anti-climatic end to the back and forth that gamers have been following closely since EA made their initial tender offer back in February.

According to recent comments made this morning by Take-Two's chairman of the board, Strauss Zelnick, the company has decided that it would be better for stockholders if the company continued to do business as usual. Zelnick feels that the company has great creative forces working for it, is financially stable, and is still a big enough competitor to brush off any offers that should come their way.



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