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Analyst Convinced EA Will Buy Take-Two

Edge writes: "EA and Take-Two's drawn-out acquisition dance has been dragging on since February of this year, but in the end, Wedbush Morgan analyst Michael Pachter is certain EA will buy the Grand Theft Auto maker.

"We remain convinced that EA will prevail in its bid for Take-Two," said Pachter in a Friday investor note. "Now that EA has received FTC approval for the combination, the company is not under any pressure to keep the negotiations alive."

EA recently withdrew its offer of $25.74 per share, or around $2 billion total, to enter friendly talks with Take-Two regarding a buyout."

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QueefyB_Angelitos3883d ago

A pirate told me they been using a xbox 360 flag for their pirate ship.

Hagaf223883d ago

well lets be honest, gta4 wasnt all that great so when ea takes over it wont be that big of a change for us...