Take-Two offered to buyout Codemasters in November 2020 in a deal valued approximately US$973 million . While the offer awaited regulatory approval and is expected to be complete by early 2021, both Take-Two and Codemasters' board of directors have approved the deal.[79][80][81] However, Take Two's bid was subsequently trumped by Electronic Arts in December 2020, which offered US$1.2 billion (US$7.98 per share), and agreed to acquire Codemasters.[82][83]