Comments on: EA and Take-Two back to sparring

By: Ken, Sacramento, CA

Ken, Sacramento, CA — Mon, 21 Apr 2008 04:40:49 +0000

Take 2’s stock when it was in the teens ALREADY ACCOUNT FOR GTA4 ESTIMATED SALES. T2 stock went up because of the EA offer. 60% increase for stocks in a few days is just insane especially considering the cost per share.

Not selling T2 stocks is finacially .. umm.. stupid. It takes years for T2 stocks to rise 60% on its own. If EA backs away, expect T2 stocks to drop significantly.

GTA4 would be “nice” & all to add to EA’s portfolio, but it’s T2’s 2K Sports franchises that EA is really after or rather, kill off. 2K Sports have been knicking away at EA’s Madden, NBA, and NHL franchise. Sport games is EA’s big money.

By: Jim

Jim — Fri, 18 Apr 2008 21:39:32 +0000

GTA4 is going to be huge, I hope EA doesnt end up buying take two, theyll just ruin a great company. I agree with the above post, 35 is a fair price considering how much the stock will jump after the release, i know im buying a copy of GTA4 the first day!
EA is just trying to have their cake and eat it too. Take Two isnt stupid, they know what they have, a friggin gold mine!

By: Clint, San Diego, CA

Clint, San Diego, CA — Fri, 18 Apr 2008 21:03:00 +0000

What happens after GTA IV? Sure Take Two has a few strong titles but you can’t count on releasing a new GTA every few years to get a paycheck. No, this deal will go through, if EA can be patient. If not then they will have to pony up some cash.

By: new york

new york — Fri, 18 Apr 2008 20:38:31 +0000

take 2 is run by a bunch of jokers who dont know s**t about business.

By: Skyy Phan , Orlando, FLorida

Skyy Phan , Orlando, FLorida — Fri, 18 Apr 2008 19:53:41 +0000

Wow seems like EA is trying to be a bully in this situation. GTA IV is going to sell millions when it launches April 29th. And it seems EA is trying to low-ball them with a take over of 25.74 a share. Just wait when GTA IV launches and sell millions, EA is going to withdraw their offer and end up emberassing themselves.

By: Anonymous

Anonymous — Fri, 18 Apr 2008 19:17:54 +0000

“a slightly higher stock price” will not be sufficient.

IMO the price would need to be North of $35 per share for ERTS to have a realistic shot at acquiring TTWO.

Anything less makes it clearly worth complete support for TTWO to remain independent as within one to trwo years the shares will very likely be North of $40.