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EA adds more time to Take Two offer, again
EA adds more time to Take Two offer, again
Last updated on May 20, 2008 - 20:27.
Yesterday, EA's (already prolonged) deadline for its offer to Take Two shareholders to sell their hares at a price of 25,74 Dollar was postponed once more. Now, June 16 is the final deadline. Take Two's CEO Strauss Zelnick, with the recent ground breaking sell-through success of GTA 4 behind him, said that EA's offer is as bad as before.
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Last updated on May 20, 2008 - 20:27
217 points
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You still don't want to marry me?
Maybe now?
I don't know what chances EA thinks they still have, but after the release of GTAIV the shares for Take Two must have gone up quite a bit, right? Anybody know where to check such thinks?
found http://finance.yahoo.com/q?s=TTWO
so, according to these numbers, Take Two is currently worth 27.12$ per share, nearly 1.5$ above the EA offer. So I think it's a save bet that Take Two won't sell under price right now. But in mid January it would have been a good price, Take Two's stock was only worth 13.95$ at the time.
I've just done an article on "public publishers" (in German, and for a B2B magazine, though), so I can tell you that, according to analysts, EA's offer is part of the momentary Take Two share value. Should EA withdraw its offer, some analysts think that the share price will go down by 20% immeditately.
Made another post here this morning witch went into moderation. The only difference with that post, compared to all my other posts was that I put in a link without the link-tag, because I wanted it to show it as it is, but I guess I shouldn't do that in the future, right?