NEW YORK * Electronic Arts Inc will drop its hostile $2bn bid for rival video game publisher Take-Two Interactive Software Inc yesterday and instead pursue private talks with the company.
Video game publisher Electronic Arts Inc. is retracting its hostile bid for smaller rival Take-Two Interactive Software Inc., but a deal _ and a friendly one at that _ is likelier than ever.
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Electronic Arts will drop a $US2 billion hostile bid to acquire Take-Two Interactive Software and meet with the video-game maker to review its financial information.
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