Game maker Electronic Arts was criticized as trying to buy innovation in its bid to acquire Take

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Game maker Electronic Arts was criticized as "trying to buy innovation" in its bid to acquire Take Two Interactive, known primarily for the game Grand Theft Auto. Does it make sense for EA to offer more than $2 billion to buy Take Two when creating a new video game costs only $20 million? Why would EA ignore internal innovation to choose an acquisition strategy?
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Understanding Management

ISBN: 978-1305502215

10th edition

Authors: Richard L. Daft, Dorothy Marcic

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