EA makes website to take over Take Two
Thanks to ex-blogger Bill Abner for pointing me in the direction of this hysterical website called eataketwo.com.
It is funny. You know if I’m a TTwo shareholder, it’s tough to say no to this one because no way that stock is going to be that high again. The company has been up and down for some time.
As a gamer, it’s easy to say no to this deal. Here’s a Q&A taken right from the FAQ:
Would you kill 2K Sports?
Any integration starts with our respect for the teams and people that make great games. Beyond that, it’s too early to discuss plans for managing Take-Two.
Hahaha. Oh god that is funny. For those who are unfamiliar with corporate speak that means “yes, we’ll kill them”. It’s kind of like when two banks merge and they say “we don’t anticipate any layoffs,” followed by a press release laying off 3,000 employees.
The bottom line is that every development house that EA gobbles up makes it more likely that every game we buy will be an EA game, and I have a problem with that. However if you apparently have the unlimited cash that an EA or Microsoft has, it’s tough to say no…
February 25th, 2008 at 1:41 pm
Actually, the stock price has already risen to $26 based on news of the offer alone. If it can sustain that until GTAIV is released, you could realistically assume a further bump after that.
Which means that I think it’s most likely that the Take-Two board tries to convince the stockholders that they can get more money out of EA.