ENTERTAINMENT MAKES BUYOUT OFFER TO CRAZY EDDIE Entertainment Marketing Inc <EM> said it has made an offer to the board of Crazy Eddie Inc to acquire all outstanding shares of Crazy Eddie Inc for eight dlrs a share in cash. Entertainment said the offer would be conducted through a negotiated merger with a new corporation to be formed by Entertainment Marketing. Entertaiment said it has requested an early meeting with Crazy Eddie Inc's board and that it has committed 50 mln dlrs toward the purchase of the shares including those already purchased. The company also said it has retained Dean Witter Reynolds Inc to assist in raising the balance of the financing. According to Entertainment, its company and its chairman own about 4.3 pct of Crazy Eddie's currently outstanding shares. Additionally, the company said it is willing to negotiate all aspects of its offer and is willing to consider a transaction which would be tax free to Crazy Eddie's shareholders.