EA submits second info request from FTC about Take-Two acquisition

Logo of Federal Trade Commission - Image 1It seems like Electronic Arts still hasn’t given up its hopes of acquiring Take-Two Interactive. It was reported that EA recently submitted a second information request to the Federal Trade Commission about its proposed acquisition of the company behind the Grand Theft Auto franchise. For more details regarding this, check out our full article after the jump.

Logo of Electronic Arts, a video game company - Image 1Despite being spurned several times by Take-Two Interactive, the people at Electronic Arts aren’t giving up their hopes of absorbing the company behind the Grand Theft Auto franchise into their ranks.

EA recently submitted a second information request from the Federal Trade Commission (FTC) about its proposed acquisition of Take-Two. However, the FTC explained that it will still need additional time to review the proposal and hasn’t reached any conclusions so far.

The Redwood-based company countered that the proposed transaction with Take-Two would not be anti-competitive. It will inevitably fall on the FTC’s shoulders whether this proposal would benefit the industry as a whole or become a whole new deterrent all together.

In any case, make sure to come back to this spot for more updates regarding Electronic Arts’ future plans on acquiring Take-Two Interactive, as well as other news in video gaming industry.

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