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EA in secret talks with Take-Two

Could a takeover still be on the cards?

Take-Two is to take part in top secret talks with Electronic Arts, according to Reuters.

The two publishers have signed a confidentiality agreement about a "potential transaction". The news comes just days after Take-Two privately gave EA an overview of its plans for the next three years. As a result, EA promised to stop attempting a hostile takeover of its rival.

So could a friendly one now be in the works? Or are the companies discussing plans for Grand Theft Tiger Woods? We'll have to wait and see.