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No official announcement has been made yet, but there is an interesting rumor circulating that Bono of U2 may be considering buying the troubled Take Two Interactive, according to the Washington Post.
Elevation Partners, the Silicon Valley venture-capital fund that has board members such as Bono and former Electronic Arts President John Riccitiello, is considering a $1 billion bid for the troubled company.
Elevation has recently merged Pandemic Studios and Bioware. According to the Post, the company has now “teamed up with Pequot Capital, a hedge fund and venture-capital investor that owns a large chunk of Take-Two’s shares.”
Again, no confirmation has been received by either side. Take-Two has not responded to inquiries and Elevation has merely stated that they “don’t comment on rumors.”