Take-Two officially pulls its offer for Codemasters following accepted EA bid

Take-Two officially pulls its offer for Codemasters following accepted EA bid

From VGC: "Take-Two has announced it’s pulled its original offer to purchase UK-based Dirt and F1 publisher Codemasters, following the agreement of a rival bid from Electronic Arts.

The GTA parent had agreed an offer to purchase the veteran racing game firm, valuing it at $980m, but it was later outbid by EA which agreed an increased offer of $1.2 billion. The Codemasters board then withdrew its recommendation for Take-Two’s offer."

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