A Billion-Dollar Take-Two Takeover?

Last year, U2 frontman Bono teamed up with John Riccitiello, a former president of EA, to set up a new development company called Elevation, which promptly bought up the not exactly small Pandemic Studios and the Bioware team. Last year they reportedly had their eye on Eidos too, but that deal never happened, since SCI skilfully snatched it up after quite a fight.

Now they have a new target: Take 2, famous for our favourite series. Speculation puts the price at around one billion dollars. The companies' officials have naturally not commented on the leaked information and speculation.