EA Gets 2nd FTC Info Request Over Take-Two Deal

Law360, New York (April 17, 2008, 12:00 AM EDT) -- The Federal Trade Commission has requested more information on Electronic Arts Inc.'s proposed takeover of Take-Two Interactive Software Inc., EA said on Thursday, throwing another wrench in the already complicated and bitterly contested deal.

In an SEC filing, EA said that it had received a second request for additional information from the FTC on Wednesday. Because of the request, the FTC also wants more time before it decides whether to allow the proposed take-over.

“While EA believes that its proposed transaction with Take-Two would not be...
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