A.K Rahming

Codemasters, one of the most prestigious studios in the industry for racing games, is seeking to be put under a new corporate umbrella. Initially, Take-Two announced a near $1 billion bid, but that was challenged by Electronic Arts for $1.2 billion. Now, Take-Two has formally backed out of the bid, leaving EA to as the sole potential buyer. According to a report from Business Wire, Take-Two has formally withdrawn from the bid after not conducting a meeting with Codemasters’ shareholders. It seems that after EA made the higher offer, the company, though very large within of itself, was not willing […]

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