http://games.ign.com/articles/854/854553p1.html

February 24, 2008 - Only hours after Electronic Arts proposed a $26/ share (approximately $2 billion in total) offer to acquire Take-Two Interactive, Take-Two officials have responded with an absolute "No."

According to Reuters, Take Two has said that the offer was at a significant discount to its peers and that it came at "absolutely the wrong time."

Additionally, Take-Two called the bid "highly opportunistic" on the heels of the upcoming release of Grand Theft Auto IV on April 29.

Take-Two has offered to enter discussions with EA the day after GTA IV's release, on April 30.
Omg yes!