The Real Reason Take-Two Rejected EA’s Offer?

The Real Reason Take-Two Rejected EA’s Offer?

K33GAN|18 years ago|Industry

"ZelnickMedia are an investment firm who run Take-Two. Take-Two’s executive chairman is a Mr. Strauss Zelnick. EA have made an offer to buy Take-Two. Very shortly after receiving this offer, and before they told shareholders about it, ZelnickMedia approved a "major increase in compensation" for Mr. Zelnick, along with CEO Ben Feder and executive VP Karl Slatoff."