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Electronic Arts Has To Recalculate Take-Over Cost

Take-Two may be making some headway towards their goal of staying independent of Electronic Arts.  EA will spend some time Monday trying to figure out how much more their 2 billion dollar take-over bid will cost them thanks to the recently announced Take-Two severance plan.

Combine that with the 600,000 shares of restricted stock that ZelnickMedia got and Take-Two might be looking a little less attractive.  I guess we will see in a few days how determined EA is.

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-Wedge

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