Take-two interactive software, inc. reaches agreement for recommended acquisition of codemasters group holdings plc

New york--(business wire)--take-two interactive software, inc. (nasdaq:ttwo) today announced that it has reached an agreement with the board of codemasters for the recommended acquisition of codemasters, the uk-based game publisher and developer. in the transaction, codemasters' shareholders will be entitled to receive 120 pence (*approximately $1.58) in cash and 0.02834 shares of take-two common stock for each ordinary share of codemasters. based on take-two's closing share price of $168.68 an
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