EA walks away from Take-Two buyout

Monday, September 15, 2008 - 04:35 in Mathematics & Economics

(AP) -- Video game publisher Electronic Arts Inc. said Sunday it ended talks to buy smaller rival Take-Two Interactive Software Inc., best known for the "Grand Theft Auto" series of games. EA, the publisher of games such as "Madden NFL 09" and "Spore," said it decided not to make an offer to buy Take-Two.

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