According to a new SEC filing, Electronic Arts has received a commitment from Morgan Stanley and other banks (including BNP Paribas, Bank of Novia Scotia and KeyBank) for a loan up to $1 billion to use towards its acquisition of GTA publisher Take-Two Interactive – should the two parties ever reach an agreement.
EA will be able to tap into the funds any time until January 9, 2009 in order to help finance its $2 billion offer for Take-Two.
The filing also revealed that EA had $2.3 billion in cash and short-term investments as of March 31.




















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