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Forums - Sales Discussion - Take Two in financial trouble??

From Gamespot: "Pachter also evaluated the chances of the company being acquired, broken up and sold in pieces, or being taken over by activist investors. While he described all three scenarios as "unlikely," he did suggest that the publisher's currently unprofitable 2K Sports operation might be an acquisition target for its fiercest rival, Electronic Arts. According to Pachter, EA is the most likely buyer for 2K Sports because few others would be willing to go head-to-head with the Madden NFL publisher in the sports genre. "It is clear to us that Take-Two’s sports business would have tremendous value to EA, as it would give EA a monopoly on football, basketball, baseball and hockey," Pachter said. "It is arguable that EA would benefit by as much as $1 billion if it were to obtain an exclusive; this does not mean that it is willing to pay $1 billion." Given the few potential suitors who would be interested in going toe-to-toe with EA in the sports genre, Pachter said EA could pick up the division for roughly $200 million. An EA representative declined to comment on the speculation, while a Take-Two spokesperson had not returned GameSpot's request for comment as of press time."