Take Two has just announced that it has received no stake-holder proposals ahead of its AGM tomorrow. Bet EA is thrilled about that one.

" Take-Two Interactive Software Inc., which publishes and distributes “Grand Theft Auto” and other popular video games, said Wednesday that it did not receive any shareholder proposals for consideration at its annual meeting.

Take-Two is attempting to fend off a $2 billion hostile bid by Electronic Arts Inc., the world’s biggest video game publisher. EA’s $26 per share cash tender offer for the company expires on Friday.

Take-Two has said it is open to a sale but it wants a higher price and a few weeks’ delay until the latest installment of GTA goes on sale on April 29.

Take-Two’s annual meeting will be held in New York on Thursday. Shareholders of record as of Feb. 19 will be admitted.

Shares of Take-Two fell 17 cents to $26.07 in morning trading."

Tags : AGM : Anual General Meeting : electronic arts : Grand Theft Auto : Grand Theft Auto IV : gta4 : gtaiv : rockstar : rockstar games : Shareholders : take two : take two interactive

Comments

By: Evren On: 10:06 Apr 16th, 2008 Offline	Interesting that it fell, I wonder why. I wish EA would just piss off and buy someone else, I mean, how long has this been going on now? Ack, it sucks.