Item 8.01  Other Events

On February 24, 2008, Take-Two Interactive Software, Inc. (the “Company”) issued a press release in response to an unsolicited proposal by Electronic Arts Inc. to acquire the Company.

A copy of this press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits:
 
99.1
 
Press Release entitled “Take-Two Interactive Software’s Board Rejects Electronic Arts’ Unsolicited Proposal as Inadequate” issued February 24, 2008 by Take-Two Interactive Software, Inc.
 
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SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
     
 
TAKE-TWO INTERACTIVE SOFTWARE, INC.
(Registrant)
 
 
 
 
 
 
  By:   /s/ Seth D. Krauss
 
Seth D. Krauss
Executive Vice President and General Counsel
 
Date: February 25, 2008
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EXHIBIT INDEX

 Exhibit
   
99.1
 
Press Release entitled “Take-Two Interactive Software’s Board Rejects Electronic Arts’ Unsolicited Proposal as Inadequate” issued February 24, 2008 by Take-Two Interactive Software, Inc.
 
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