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U.S. video gamers spent less on games, hardware and accessories in May compared with a year ago, a sign that this year's release schedule couldn't compete with Take Two Interactive's "Grand Theft Auto IV" last spring.
Video game publisher Electronic Arts Inc. has for a third time extended the deadline for its $2 billion tender offer to buy smaller rival Take-Two Interactive Software Inc., but it did not raise the price as many analysts had expected.
"Grand Theft Auto" publisher Take-Two Interactive told its shareholders Wednesday to reject a $2 billion buyout bid from rival video game company Electronic Arts, saying the offer is not high enough.
The company behind the hugely popular video game "Grand Theft Auto" says it is not going to jump at a $2 billion buyout offer from Electronic Arts Inc.
Electronic Arts Inc. is pushing ahead with a bid to take over upstart gaming rival Take-Two Interactive Software Inc., despite rebuffs from the smaller company.
Take-Two stock takes a nosedive after BioShock 2 delayYesterday's news that Take-Two would be delaying the release of BioShock 2 to the 2010 fiscal year was a bit of a disappointment -- the game was definitely one of the most anticipated of the holiday season.
Take-Two not expecting profitability for fiscal '09Take-Two held a conference call, following the disappointing news of BioShock 2's delay, to update investors on its current financial situation.
Jack Thompson: God is Behind Take-Two Stock SlideIs God behind the recent plunge of Take-Two Interactive's stock price? When it comes to business, should one's religious beliefs even matter? For the controversial, disbarred attorney Jack Thompson, the answer to these questions would seem to be yes.
Games on Fire: How Hot is the Gaming Industry?With a rush of market research reports, with corporate investment and venture backing, the gaming industry is getting a lot of attention. Just how hot is the marketplace?
Golden Joystick Awards 2007 Announces ShortlistsDavid Mitchell Confirmed to Host 2007 Awards
Take-Two Interactive Software Inc, most known for the Grand Theft Auto series, has decided to delay their typical shareholder meeting because it "may sell itself after dissident investors announced plans to seize control of the company."
Nintendo takes lead in video game warsNintendo Ltd.'s Wii console outsold rival video-game hardware devices from Sony Corp.
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