Electronic Arts today announced that it received a second request for information from the U.S. Federal Trade Commission (FTC) regarding its proposed acquisition of Take-Two Interactive.
EA stated officially that it believes that "its proposed transaction with Take-Two would not be anti-competitive" and that "the FTC has not yet reached any conclusions regarding the proposed acquisition and has indicated that it needs further information and additional time to conduct its review".
April 16, 2008 - 9:00pm