Craig of War
Banned
Codemasters: UK games firm to sell to Take-Two
The veteran UK company has received an offer from industry giant Take-Two.
www.bbc.co.uk
"Veteran British video game company Codemasters has confirmed it plans to sell to US giant Take-Two.
Codemasters is best known for its racing games, including the Dirt Rally series and Formula 1 licences.
The studio was founded in the UK, and currently has its headquarters in Southam, Warwickshire.
Take-Two has offered a deal that values Codemasters at £739m ($973m), and Codemasters says it intends to recommend it to its shareholders.
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