Microsoft to announce Mojang (Minecraft) buyout on Monday, for $2.5b

[Shoestar]

MB1025 said:

Shoestar said:

What's strange is that buying Mojang for $2.5b makes better sense for microsoft than buying a company like take-two interactive which has a market cap for $1.9b with a portfolio including but not limited to; Grand Theft Auto, Bioshock, XCom, Sid Mier's Civilization, Red dead redemption, 2k sports series(incl. WWE) and borderlands.

I just don't understand.

People don't understand that it isn't as easy as just buying these companies when you have money. Microsoft could buy every popular studio if they wanted to with their lunch money, but that can't do it.

Take-two is a publicly listed company with a market capitalisation of less than $1.9. Nothing preventing them from buying shares here and there until %19 and then make a deal with some majority shareholders to buy at a 20%-30% premium to bring their shares to 40% prompting them to make an official bid with a 25% premium while continuing to amass shares until it reaches over 51%. At that point, the board will recommend shareholders to sell their shares and most people will be happy to cash in. For Microsoft it would have been quite nice as GTAV would be releasing in a month on current gen. Either they rack in the profits from the millions GTAV will sell on both consoles...  or they cancel out the PS4 version and anounce GTAVI exclusively for X1.