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Take Two Still Says EA IS Undervaluing Them >
2008/05/19 13:02:24: Posted by DM
Take Two executives have responded to EA's extension of its buyout offer by still claiming that EA is undervaluing them. Only 8% of Take Two stock have been tendered to EA at this point, it seems.

"This is the same highly conditional proposal that EA offered Take-Two stockholders on March 13, 2008, which our board of directors thoroughly reviewed and unanimously determined to be inadequate and contrary to the best interests of Take-Two's stockholders.

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