Upcoming Take-Two meeting sees no new shareholders proposals

With only a couple of days left before Electronic Arts‘ US$ 26 per share offer to Take-Two Interactive expires, the publisher of the Grand Theft Auto series will hold its annual shareholder meeting to discuss about a variety of things. A recent statement released by the company today mentioned that it did not receive any additional shareholder proposals for consideration. For more details about the upcoming meeting this Friday, read more about it in our full article.

After many repeated attempts from Electronic Arts to acquire the publisher of the Grand Theft Auto series, Take-Two Interactive will be holding its annual shareholders meeting this Thursday to discuss about a variety of things.

The upcoming meeting was supposed see the nomination of opposing candidates for the company’s board of directors or the proposition of other new business options for the company. However, a recent statement released by the company today mentioned that it did not receive any additional shareholder proposals for consideration.

In other news related to the company, the US$ 26 per share offer forwarded by the Electronic Arts will expire this Friday. However, it seems that Take-Two is still rather adamant on its stand for a bigger offer to acquire its outstanding shares. The last offer from EA amounted to roughly a total of US$ 2 billion, which Take-Two still considered undervalued and merely an opportunity to ride on the upcoming release of Grand Theft Auto 4 this April 29.

*REFERENCE LINKS:
http://www.gamespot.com/news/6189336.html

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