n this episode of Behind the Money, we speak with Matthew Wurtzel, editor of Dealscape about the expiration of Electronic Arts bid for Take-Two Interactive on May 16, 2008. New York-based Take-Two in March rejected a $26 a share, or $2 billion, offer from EA and said it would not negotiate with any prospective buyer until after release of its "Grand Theft Auto IV" video game on April 29. Take-Two said the crime-themed video game sold 6 million units globally in its first week with an estimated retail value of more than $500 million. Will Electronic Arts increase the offer or will they abandon the bid? For more insight check out www.thedeal.com/blogs.
