Take-Two’s rationale for turning down Electronics Arts’ $2 billion offer: You’re grossly undervaluing us, and that will become clear once we release Grand Theft Auto IV.
Now GTA IV has been out for nearly two months, and its record-setting performance has been duly noted. So what does the market think TTWO is worth? $25.79 — four cents more than EA’s current offer.
Business Insider Emails & Alerts
Site highlights each day to your inbox.