EA strikes softer tone in Take-Two buyout talks

Electronic Arts and Take-Two Interactive Software held discussions over the weekend regarding EA's attempt to acquire Take-Two. EA is best known for sports titles such as the "Madden NFL" series, while Take-Two's best-known titles include the "Grand Theft Auto" series.

EA first tried to acquire Take-Two about six months ago. Take-Two rejected EA's cash offer of US$25.74 per share. With that tender offer set to expire Monday, it looks like the two video game giants are talking.

Read the full article here.