In mid-February 2008, EA made a US$25-per-share all-cash transaction offer worth around US$1.9 billion [33] to the board of Take-Two, subsequently revising it to US$26 per share after being rejected and making the offer known to the public.[34] At the time, Take-Two's stock was valued around US$10 per share.[35] EA CEO John Riccitiello said that EA had previous considered a deal for Take-Two in the previous year when they were approached by Eibeler,[4] however, with Activision's acquisition of Vivendi Games in December 2007, EA was looking resecure itself as one of the top video game publishers with the acquisition of Take-Two.