Take-Two Interactive has announced its intentions to acquire U.K.-based developer Codemasters.The announcement was made via a press release on Friday, November 6, and confirms that Take-Two has made a “possible offer” proposal to “acquire the entire issued share capital” of Codemasters, which has been valued at 739.2million pounds (US$973.01million), according to a Reuters report.Per the press release, the offer pends the “completion of confirmatory due diligence and the recommendation of the Board of Codemasters”, and notes that “Take-Two reserves the right to waive any of these requirements”.While the deal has not been confirmed yet, the Board of Codemasters are seemingly keen to “recommend unanimously that Codemasters’ shareholders.
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