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EA throws in the towel

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It’s all over… for now.

EA Games has released a statement announcing that they are no longer pursuing a takeover bid for Take Two International.

No real reasons have been given yet but I would wager it has something to do with the negative publicity combined with a great current EA line up and the new and improved financial position of Take Two after GTA did so well.

Or in other words

“It’s Complicated”

While I don’t think EA would have ruined GTA, like some people implied, I do think it’s a good thing that it never happened. I believe that we need many strong developers and as soon as we are limited to a few then things can go bad.

Last Updated: September 15, 2008

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