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MCV: EA & Take Two - the analyst view

MCV writes: Industry analysts have told MCV that Take Two should accept a takeover bid from EA in the next few months – or it risks missing out on its only real chance to find a suitor.

While Take Two boss Strauss Zelnick has said that the $2bn bid "substantially undervalues" the publisher's portfolio, key analysts believe that Take Two is playing a dangerous game by rejecting the approach and holding out for a better offer.

"I would imagine there is room for negotiation," said Colin Sebastian of Lazard Capital Markets. "However, Take Two risks EA walking away from the offer if they wait too long, particularly as EA loses the opportunity to benefit from revenues from GTA IV."

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xsteinbachx3491d ago

pfft we all know the enterprise will win thats if they keep changing the frequency of their phasers, and sheilds before the borg adapt...... i mean EA.....