No stockholder proposals, says Take-Two
The time allotted for Take-Two stockholders to nominate directors or propose new business has expired
On the eve of its annual meeting of stockholders, Take-Two has announced that no proposals have been submitted for consideration.
The period of time for stockholders to be able to nominate persons for election to the Board of Directors or to propose any business to be considered at the meeting expired on April 15.
Electronic Arts had extended its offer to purchase the company in order to account for Take-Two's meeting which will be held on April 17 in New York City. Take-Two has urged its stockholders to reject EA's offer.