"REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (“EA”) (NASDAQ:ERTS) 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 Software, Inc. (“Take-Two”) (NASDAQ:TTWO).
While EA believes that its proposed transaction with Take-Two would not be anti-competitive, 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. "
While EA believes that its proposed transaction with Take-Two would not be anti-competitive, 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. "
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