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Activison Blizzard's 4th quarter financial results

(http://files.shareholder.com/downloads/ACTI/1882596457x0x634081/fbb6a75d-f965-442b-8d6a-bde335918118/Q4_2012_atvi_press_release.pdf)

show they have $3.959 billion in cash.

With Take-Two's market cap at $1.34 billion (http://finance.yahoo.com/q?s=TTWO&ql=1)
and Ubisoft's at €715.6 million ($959 million) (http://finance.yahoo.com/q?s=UBI.PA)

It would be affordable for Activision to pay 1.6x both ther market caps in cash!