EA’s monstrous appetite for devouring other companies has been quelled, for a short while, it seems. Or rather, EA is willing to push its deadline to May 16th before feasting and they sweetened the deal (a little).

Maybe EA had a cigarette.

AP reports:

The video game publisher behind “Grand Theft Auto” had wanted more time and more money from larger rival Electronic Arts Inc., which wants to buy it for $2 billion. On Friday, Take-Two Interactive Software Inc. got part of its wish.

EA extended by nearly a month its tender offer for Take-Two, but also lowered the price it will pay for each share of the company. The offer now expires on May 16 instead of 11:59 p.m. EDT Friday. As of Thursday, about 6.4 million shares of Take-Two had been tendered, representing roughly 8 percent of Take-Two’s outstanding shares.

It’s been nearly two months since EA made public its bid to buy Take-Two, and close to five weeks since it took the offer directly to the company’s shareholders. But Take-Two has been holding out, refusing to even sit down with EA or any other suitor until April 30, the day after “Grand Theft Auto IV” goes on sale.

More here

Doom, doom, doom, doom, and so on.