EA Proposes to Acquire Take-Two for $2 Billion

[fkusumot]

Lingyis said:

fkusumot said:

Biroutman said:
Yeeeeeeeeeeeeeeeeeeeees
this is just perfect, got myself a 1000 shares TTWO two weeks ago on the upcoming release of GTA4 and I couldn't have hoped for better
I let you guys do the math...
I'm gonna have sweet dreams tonight.... ZZZZ$$$$ZZZZZZ

That's good for you! A blogger has just interviewed Pachter and he had this to say:

You go public when you want the court of public opinion to make a decision. I think EA is saying, ‘$25 was a fair offer. We’ll go to $26 but we’re not going any higher.’ I think the vast majority of Take-Two shareholders will jump at this. I don’t see a white knight. I don’t think Take-Two will be able to do anything to block this.

we'll see if i'm right or pachter is we'll know as soon as monday--market price below or above $26. adjusted for interest rate over closing, of course. (so if closing is 6 months away, it'll be $25.5, assuming 4% interest)

 It looks like it's happening. Take Two stock (TTWO) opened at $25.70. I believe the market thinks this acquisition is going to take place. Well see what the stock does throughout the week.