US games company behind Fifa franchise scuppers deal with rival Take-Two Interactive
British video games maker Codemasters has become the focus of a £1bn bidding war after accepting an offer from California-based Electronic Arts, scuppering a previously planned deal with US rival Take-Two Interactive, maker of franchises including Grand Theft Auto.
EA, the maker of titles including Battlefield and The Sims, has tabled a £945m offer for Codemasters, which is best known for its racing simulators including the Formula One series.
