Midnight tonight was the deadline for Take 2 to accept the EA takeover bid. EA wants the company before GTA IV releases because it will mean a much lower price. They would also reap the benefits of the vast income that GTA IV will bring in. Take 2, obviously not run by fucking morons, did not balk at the offer.

The tender offer was previously set to expire at 11:59 p.m., EDT, on April 18. The revised offer will expire on May 16, a full two-and-a half weeks after the release of Grand Theft Auto IV.

EA continues to believe that the offer price is full and fair, and that a transaction between Take-Two and EA is the most compelling combination financially, strategically and operationally for all parties,” the company said in a statement.

This is one of those topics that I get tired of writing about and you are probably tired of reading about because these multi-billion dollar pissing contests keeps going on and on. The most predictable things have and will happen. EA will buy Take 2. They won’t do so until GTA IV makes a fuck ton of money. Almost all the video games will be controlled by a company who sucks tremendous balls at DLC. If EA acquires Bungie and/or Epic, I fucking quit.

[via CVG]