Take-Two reject EAs $2billion buyout offer

The Take-Two and EA saga continues with Take-Two telling its shareholders that the $2billion buyout offered from EA is not enough. The company is now saying it will explore alternatives to just EA buying them out perhaps including another company in the deal. But Take-Two wont be doing it before its ace in its sleeve Grand Theft Auto IV hits the stores, a huge game for the company no doubt. EA responded by saying that Take Twos decision was regrettable for EAs stockholders and that its offer is 64 percent more then what Take Two is actually worth at the moment.
Source: Yahoo