What a Buyout Looks Like Before it Goes Hostile

BLOG - Here we have excerpts from the very cordial correspondence between EA CEO John Riccitiello and Take-Two chair Strauss Zelnick regarding how EA wants to gobble up the work-in-progress Take-Two.

ImageThe actual letters are quite long-winded, so here's our own summary of the correspondence:

eb. 6, 2008
Dear Strauss:

Congratulations on your recent announcement about the release date for Grand Theft Auto IV. I am sure it must feel great to have this important title locked and ready.

[PS: I'm going to try to buy your company at a price that is below what you think is fair.]


John Riccitiello
Chief Executive Officer

Feb. 15, 2008
Dear John:

Thank you for your letter of February 6, 2008.

No way in hell. But again, thank you, kind sir. And I loved Madden 08.

Strauss Zelnick
Executive Chairman of the Board

Read Full Story >>
The story is too old to be commented.
kornbeaner3892d ago

I hope T2 sticks to its guns and merges with someone other then EA. Competition is good in this industry without it games get stale and old.

*hmmm..MADDEN anyone*

T2 don't give in, money is not worth the freedom the company will lose if this merger takes place.

DrWan3892d ago

intense letters. jesus. Coporate war. CEO vs CEO, GO!! damn and they can't cuss too lol..sad

timmyp533891d ago

for the sake of quality games.