When Take-Two rejected EA’s buyout offer for the umpteenth time earlier this week, they also instituted a shareholder rights plan – a poison pill tactic that would give existing shareholders more room to reject the offer outright or negotiate a higher price – basically making it much more difficult for Electronic Arts to pull off the takeover. EA is not pleased. “The actions of the Take-Two Board may increase the risk for their stockholders by delaying a potential transaction,” said Owen Mahoney, Senior Vice President of Corporate Development at EA. “We continue to believe that our $26.00 per share offer price is full and fair, and that a transaction between Take-Two and EA is the most compelling combination financially, strategically and operationally for all parties.”