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"There are very strong rumors amongst people at a very senior level within the global business," a senior executive told MCV. "But there're not much more than that at the moment -- they are just rumors. And, of course, given Activision's news this week, everyone is now looking to see what their next move is. But you can definitely put two and two together and make four-ish." Electronic Arts attempted a hostile takeover of Take-Two prior to the release of Grand Theft Auto IV in 2008. The move was given the go-ahead by the Federal Trade Commission but ultimately talks fell apart by September 2008.
Just as it was three years ago, Take-Two is again rumored to be the target of an acquisition by a major publisher. Following a noteworthy week in which it canceled the 2011 edition of Guitar Hero and seemingly shelved the franchise for the time being, Activision Blizzard is rumored to be interested in acquiring Take-Two.
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