Electronic Fifa coins Arts' position

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Electronic  Fifa coins Arts' position as the world's largest third-party publisher was in jeopardy. It appears EA wants that distinction http://www.fifacoinsltd.com/ locked up for itself, as the publisher today proposed another industry-shaking deal: the acquisition of Take-Two Interactive for roughly $2 billion

EA revealed that in a letter sent last Tuesday by EA chief executive officer John Riccitiello to Take-Two Interactive chairman Strauss Zelnick, Riccitiello offered the all-cash deal, which is a 64 percent premium over Take-Two's most recent closing stock value on the day of the offer. Take-Two's board of directors declined the offer, according to EA, which led directly to today's announcement