Analyst: EA Will Have To Raise Bid To Buy Take-Two

**MIG-31** · Apr 17, 2008, 06:18 PM

Analyst Mike Hickey of Janco Partners has predicted, ahead of today's Take-Two shareholder meeting, that Electronic Arts lacks sufficient shareholder support to force through its $26-per-share bid for the company, suggesting a $30 bid may be necessary.

In the course of the note, Hickey also noted that he believes Grand Theft Auto IV's launch will dampen the Iron Man movie's theatrical release.
____________
Source: Gamesutra

Customgamer1 · Apr 18, 2008, 05:50 AM

I hope EA does not get to buy Take 2.

EA just messes up everything they buy.

If they made really high quality games they would not need to buy out the competition since more people would be willing to buy EA games.

Apr 17, 2008, 06:18 PM	#1
MIG-31 HardwareHeaven News Mod Join Date: Dec 2002 Location: Nottingham,UK Posts: 55,779 Rep Power: 444 System Specs	Analyst: EA Will Have To Raise Bid To Buy Take-Two Analyst Mike Hickey of Janco Partners has predicted, ahead of today's Take-Two shareholder meeting, that Electronic Arts lacks sufficient shareholder support to force through its $26-per-share bid for the company, suggesting a $30 bid may be necessary. In the course of the note, Hickey also noted that he believes Grand Theft Auto IV's launch will dampen the Iron Man movie's theatrical release. ____________ Source: Gamesutra __________________ Please Post Your News Submissions Here

Apr 18, 2008, 05:50 AM	#2
Customgamer1 Fell off the tech wagon Join Date: Jan 2004 Location: Wisconsin Posts: 2,273 Rep Power: 73 System Specs	I hope EA does not get to buy Take 2. EA just messes up everything they buy. If they made really high quality games they would not need to buy out the competition since more people would be willing to buy EA games. __________________ Asus Laptop: 2.5 Intel Core 2 Duo, 4gigs DDR 2, Windows 7 64bit! Windows 7 > OSX!