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EA's bid to acquire GTA franchise shot down

And who said there is never any news on Sunday? Electronic Arts has "terminated discussions" with Take Two, the makers of Grant Theft Auto, after spending nearly seven months working on a potential merger deal. EA had offered $2 billion for the company, something that Take Two considered to be inadequate. As part of the deal that would have EA drop their hostile takeover plans, Take Two agreed to privately disclose their three-year plans for future gaming titles.

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