Take Two accepts Electronic Arts buyout
Strauss Zelnick, chairman of the Take-Two board, responded with the following in response to the takeover, "After continued discussion, Take Two have shareholders are of the unanimous decision that a buyout of the company and integration into the Electronic Arts corporation is the best way forward for the company. We are aware of tensions this may cause amongst the loyal fanbase that has supported Grand Theft Auto and our other franchises of the year, but rest assured, there will be very little in the way of changes coming from this merger."
"Electronic Arts solid business models and high productions values will help us to expand our games and the Grand Theft Auto in exciting new directions, and we hope old and new consumers alike will stand by our future endeavours as we move in exciting new directions."
