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ars technica said:Take Two has responded to the offer. "The Board of Directors of Take Two Interactive Software, Inc. today recommended that Take Two stockholders take no action at this time in response to the announcement by Electronic Arts Inc. that it has made an unsolicited conditional tender offer to acquire all of Take Two's outstanding shares of common stock for $26 per share in cash." The company says it will review and evaluate EA's new offer and will subsequently issue a new recommendation along with a justification.