Originally Posted by GI_Manny
im lost, so did actually EA buy them out already? if so thats hella lame. im trying to keep up wiht current events
No EA are trying to force a buy out. So that they can franchise the GTA series.
They are trying to give Take Two a reasonable offer because they are in a tight situation at the moment. So they are trying to give Take Two an offer of $2Billion, as it stands they are saying that is what the company is worth + what GTA IV revenue will bring. So technically Take Two won't lose out on the GTA IV profits.
However, i'm still unsure if this is a low ball offer as GTA IV could bring them a lot of revenue and so EA will make a profit off the game.
Or if EA are not going to make a profit off of GTA IV but if they get the franchise they will make a profit off the next release.
I don't think anyone knows the answer to that to be honest. But no, as it stands EA haven't taken over Take Two. And EA's tactics are still a bit misty.