Digg - Who dugg or blogged: EA takes out $1 billion loan for Take-Two acquisition

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EA takes out $1 billion loan for Take-Two acquisition

joystiq.com — Electronic Arts has received commitments for a $1 billion loan from various financial institutions toward its acquisition of Take-Two. The company has up until January 9, 2009 to tap the funds in its $2 billion hostile takeover and there's been no update on the deal since Take-Two's last rejection.

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Hochler 156 days ago

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