Fresh Take-Two buyout rumours boost share price

City17

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City17 on 13 April 2009

Take-Two shares are way up today, having enjoyed an 11.9 percent rise to $9.40 this morning. They also rose more than 5 percent last Thursday.

Why? FlyOnTheWall’s claiming there’s “renewed buyout chatter” surrounding the firm.

$9.40 isn’t quite the $25.74-a-share offer EA trotted out last year, is it?

http://www.vg247.com/2009/04/13/fresh-take-two-buyout-rumours-boost-share-price/

I wonder who is thinking of buying them?

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WiiStation360 on 13 April 2009

Hopefully EA does not buy them.

Maybe Activision-Blizzard or Microsoft?

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Legend11 on 13 April 2009

WiiStation360 said:
Hopefully EA does not buy them.

Maybe Activision-Blizzard or Microsoft?

I would rather have EA buy them than Activision. Activision seems to be the new EA in terms of milking their franchises to death.

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papflesje on 13 April 2009

@ legend: it's not as if Take - Two doesn't know how to do that themselves ...

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Pristine20 on 13 April 2009

probably M$. It would be a good purchase for them if they have the money. It would be too bad for some GTA fans though.

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