A little over a month ago, publisher Take-Two announced it had agreed to purchase Codemasters, a British company best known for its racing franchises. It would have helped to fill a hole in Take-Two's genre output--it doesn't do much in the way of racing games now--but it appears those plans could be on hold because of an apparent bid by Electronic Arts.
According to Sky News, Electronic Arts has made a larger offer than the £725 million (nearly $1 billion) offered by Take-Two, and it will likely be made public on Monday. It doesn't appear Codemasters has agreed to EA's offer yet, and the publisher refused to comment when asked by Sky News.
Take-Two could potentially reignite its Midnight Club franchise with Codemasters' talent, but acquiring such acclaimed racing studios would also make sense for Electronic Arts. Though Criterion Games had success with Need for Speed and resumed development on the franchise, Need for Speed as a whole has struggled in recent years. More racing experts to contribute to the next game could be very valuable to EA.
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